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Top managers of White Industries predicted 2018 sales of 14,700 units of its product at a unit price of $6.00. Actual sales for the year

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Top managers of White Industries predicted 2018 sales of 14,700 units of its product at a unit price of $6.00. Actual sales for the year were 14,200 units at $11.50 each. Variable costs were budgeted at $2.80 per unit, and achual variable costs were $2.90 per unit Actual fixed costs of $50,000 exceeded budgeted foxed costs by $4,500 Prepare White's Bexible budget performance report. What variance contributed most to the year's tavorable results? What caused this variance? Prepare a flexible budget performance report for the year. First, complete the lexible budget performance report through the contribution margin line, then complete the report through the operating income line. Finally, compute the total variances. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (FUnfavorable (U) input blank) White Industries Flexible Budget Performance Report For the Year Ended December 31, 2018 5 4 21 3 (3)- (5) (1) (3) Flexible Sales Budget Static Volume Budget Flexible Actual Amounts Variance Budget Budget Variance Results Per Unit Units Sales Revenue Variable Costs Contribution Margin Foxed Costs Operating Income Choose from any list or enter any number in the input fields and then continue to the next question OOO00

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