Data for Westphal Company are given in BE11-1. In the second quarter, budgeted sales were $400,000, and
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Data for Westphal Company are given in BE11-1. In the second quarter, budgeted sales were $400,000, and actual sales were $405,000. Prepare a static budget report for the second quarter and for the year to date.
BE11-1
For the quarter ended March 31, 2016, Westphal Company accumulates the following sales data for its product, Gatden-Tools: $350,000 budgeted; $335,000 actual. Prepare a static budget report for the quarter.
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Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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