Question

Beech Company produced and sold 105,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,300,000; variable costs, $750,000; and fixed costs, $300,000. The following actual financial results are available for May. Prepare a flexible budget performance report for May.
Actual
Sales (105,000 units) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,275,000
Variable costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 712,500
Fixed costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000


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  • CreatedApril 23, 2015
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