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when filling out the answers please make sure all 4 rows show. Sometimes answers get cut off and the rest cannot be seen. Business Solutions's
when filling out the answers please make sure all 4 rows show. Sometimes answers get cut off and the rest cannot be seen.
Business Solutions's second quarter 2018 fixed budget performance report for its computer furniture operations follows. The $161.690 budgeted expenses include $115.440 in variable expenses for desks and $15.250 in variable expenses for chairs, as well as $31,000 fixed expenses. The actual expenses include $32.700 fixed expenses. List fixed and variable expenses separately Variances Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income from operations Fixed Budget Actual Results 148 154 61 69 $185,690 $190,960 34,160 39,675 161, 690 170, 400 $ 57,470 $ 60,235 $5,960F 5,515 F 8,710U $ 2,765 F Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variance Fav./Unt. Contribution margin Step by Step Solution
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