Question
The Grinch Corp. has the following information regarding its planned budget and actual results for the most recent month. Based on this information, complete the
The Grinch Corp. has the following information regarding its planned budget and actual results for the most recent month.
Based on this information, complete the following regarding the flexible budget performance report.
Total revenue and spending variance
$25,000 F 800 U $110,000 $100,200 $34,400 U 800 F $85,000 $0 $9,800 F $34,400 F $25,000 U $9,800 U
Fixed costs activity variance
[ Choose ] $25,000 F 800 U $110,000 $100,200 $34,400 U 800 F $85,000 $0 $9,800 F $34,400 F $25,000 U $9,800 U
Units activity variance
[ Choose ] $25,000 F 800 U $110,000 $100,200 $34,400 U 800 F $85,000 $0 $9,800 F $34,400 F $25,000 U $9,800 U
Activity variance for the variance costs
[ Choose ] $25,000 F 800 U $110,000 $100,200 $34,400 U 800 F $85,000 $0 $9,800 F $34,400 F $25,000 U $9,800 U
NOI for the flexible budget
[ Choose ] $25,000 F 800 U $110,000 $100,200 $34,400 U 800 F $85,000 $0 $9,800 F $34,400 F $25,000 U $9,800 U
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