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The Fortis Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the HouseMate for residences. Budgeted and actual operating data
The Fortis Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the HouseMate for residences. Budgeted and actual operating data for the year 2017 were as follows: Static Budget Victor House-Mate Total Number sold 6,200 28,000 34,200 Contribution margin $1,560,000 $3,140,000 $4,700,000 Actual Results Victor House-Mate Total Number sold 5,400 39,000 44,400 Contribution margin $1,400,000 $4,130,000 $5,530,000 What is the contribution margin for the flexible budget?
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