Beech Company produced and sold 109,000 units in May. For the level of production in May, budgeted amounts were sales, $1,350,000; variable costs, $849,000; and fixed costs, $290,000. The following actual results are available for May. 

 

Prepare a flexible budget performance report for May. Indicate whether each variance is favorable or unfavorable.

Transcribed Image Text:

Sales (109,000 units) Variable costs Fixed costs Actual Results $ 1,315,000 821,500 290,000 Sales (109,000 units) Variable costs Fixed costs Actual Results $ 1,315,000 821,500 290,000

Answer rating: 100% (QA)

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