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The following table contains a hypothetical partial master budget performance report for Amazing Chocolates, (Click the icon to view the partial master budget performance report.)
The following table contains a hypothetical partial master budget performance report for Amazing Chocolates, (Click the icon to view the partial master budget performance report.) Fill in the missing amounts. Be sure to indicate whether variances are favorable (F) or unfavorable (U). (Enter the variances as positive If the variance is 0, make sure to enter in a "0" Label each variance as favorable (F) or unfavorable (U) unless the variance is zero, l en select a label.) Amazing Chocolates Flexible Budget Performance Report - Sales and Operating Expenses For Year Ended December 31 Flexible Budget Actual Variance Flexible Budget Volume Variance Master Budget Sales volume (batches sold) 12,600 12,600 11,800 revenue ($29 per batch) $360,400
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