Top managers of Fratan Uid. predicted the folowing year's sales of 145,000 units of ts product at anit price of $8. Actuat sales for the year were 144,500 units at $11.80 each. Variable expenses were budgeted at $2.30 per unit, and actual variable oxpenses were $2.00 per unt. Actual foced exponses of $435.000 excoeded budgoted fixed expenses by $25.000. Prepare Fretan Lid.'s in inome statement performance report. What variance convibuted most to the yoar's tavourable results? What caused this varianco? Prepare Fretan Ltdi's income statement pertormance report. (For accounts with a zero balance, make sure to enter "o" in the appropriate column. Label each variance as faveurable (F) or untavourable (U). If the varlance is zero, do not select a label) What variance conzibuted mos to the year's favourable resuls? What caused this variance? The variance contributing most to the year's excelient resuls is the thatrexpectad prices. Top managers of Fretan thd, predictnd the folowing year's salas of 145.000 units of its product at a unit price of 56 . Actual sales for the yeat were 144,500 units at $11.60 each. Variabie expenses were budgeted at $2.30 per unit and actual variable expenses were $2.80 per unit. Actual fowed expenses of $435,000 exceeded budgeted fixed expenses by $25, 000. Prepare Frecan Lid.' incone atalement performance repert. What variance contrituled mott to the year's farourable tesults? What caused this variance? Prepare Fielan Lid.'s income statement performance roport. (For accounts with a zero balance, make sure to enter "O" in the appropriate column. Label each variance as favourable (F) of untavourable (U. If the variance is zero, do not solect a label.) What variance conthibuted most to me years tavourable results? wi The variance cocsibuting most to the year's excollent resuits is the than-expeded prices. Top managert of Fretan Lid. predicted the foliowng year's sales of 145,000 units of its product at a unit proe of $5. Actual sales for the year were 144,500 units at 311.80 each. Varable expenses were budgeled at $2.30 per unit, and actual variable expenses were $2.80 per unit. Actual foed expenses of $435,000 excoeded budgoted fored expenses by $25,000. Pregare Fretan Lid 's income stalerent performance report. What variance contribuled most to the year's favounable tosults? What caused this variance? Prepare Fretan LA.' income statement pertormance feport (For acceunts with a zoro balance, make sure to onter "0- in the appropriate column. Label each variance as tavourabie (F) or unfavourable (U). If the variance is rero, do not solect a label.) What variance centibited most to the years favourable rewite? What caused this variance? The variance corbibuting mout to the year's excelem rowits is the than eupected prions. Top managers of Fretan Lhd, predicted the folowing year's sales of 145,000 units of its product at a unt price of \$8. Actual sabes for the year were 144.500 units at \$11.80 each. Variabie expenses were budgelod at $2.30 pet unt, and actuat variablo expontes were $2.80 per unit. Actual fued expenses of $435,000 exceeded budgetsd foxed expenses by $25,000. Prepare Fretan tid. statement performance repert. What varance contributod mott to the yoar's fovourable retults? What caused this variance? Prepare Fretan Lld, "s income statemect performance report. (For aceounts with a zero balance, make sure to enter "o" in the appropriate column: Label each variance as tivourable (F) or untarourable (U) If the variance is rero, do not select a label) What varipoce contrbuted mott to the years favourabie resuta? What caused this varance? The variance contribuling most to the year's excelient resuls is the than-expected prices. Tog managers of Fretan Ltd. predicted the following year's salos of 145,000 units of iss product at a unit price of $6. Actual sales for the your wore 144,500 units at 511,80 each. Varlablo expenses were budgehed at $2.30 per unt, and actual variable expenses wore $2.80 per unt. Actual frod erpenses of $435.000 expeeded budpetod fred expenses by $25, 000. Prepare Fretan Ltd. ' income statement pertormance repot. What varlance contrlibed most to the year's taveurable resuls? What cassed this variance? Prepsef Fretan LA.s income stacoment performance roport (For accounts with a zero balance, make sure to enter "O" in the appropriate column. Label each varlance as farourable (F) or unfavourable (U) If the variance is rero, do not select a tabel.) What variance contributed mout to the year's twournble rewibe? What cavaed this varlanee? The varianse contrbuting moat to the year's excolent rewits is the than-expected prices
