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Top managers of Kyler industries predicted 2024 sales of 14,600 units of its product at a unit price of $9.00. Actual sales for the year

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Top managers of Kyler industries predicted 2024 sales of 14,600 units of its product at a unit price of $9.00. Actual sales for the year were 14,100 units at $11.50 aach Varabie cosis aere budgeted at $2.10 per unit, and actual variable costs wore $2.20 per unit. Actual foxed costs of $46,000 exceeded budgeled fixed costs by $2,500. Prepare Kyler's flexible budget performance report. What variance contributed most to the year's tavorable rosults? What caused tisis variance? Propare a flexible budget performance repont for the year. Finst, complese the flexible budget pertormance report through the controubon margin ine, then complete the ruport throgh the coeriting income line. Finally, compute the total variances. (Enter a "O" for any zeco balances. For any $0 variances, leave tho Favorable (FyUnfavontle (U) input blank) Top managers of Kyler Industries predicled 2024 sales of 14,600 units of its product at a unit price of 50.00 . Actual sales for the year were 14,100 units at $11.50 each. Variabie conh wwe budgohnd at $2.10 per unit, and actual variable costs were $2.20 per unit. Actual fixed costs of $46,000 exceedod budgeted fued costs by $2.500. Pregare Kyler's flemble budget performance report. What variance contributed most to the year's favorable results? What caused this variance? Prepare a flexible budget performance report for the yeac. First, complete the flexible budget pertormance report through the contribution margin line, then complese the report trough the operaing income ine. Finally, compute the total variances. (Enter a "O" for any zero balances. For amy so veriancel, laave the Favorabie (FVUntavorable (U) input blank)

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