Question: Manco has a relevant range extending to 31,000 units each month. The following performance report provides information about Mancos budget and actual performance for November.

Manco has a relevant range extending to 31,000 units each month. The following performance report provides information about Manco€™s budget and actual performance for November.

Requirement
Find the missing data for letters A through G. Be sure to label any variances as favourable or unfavourable.

Manco Income Statement Performance Report Month Ended November 30 Actual Results Flexible Budget for Actual Number of Static at Actual Prices(A) Output Units 26,000 (Master) Budget 31,000 Output units Sales revenue Variable expenses Fixed expenses Operating income $251,000 5,300 (D $190,650 23,000 15,000 (F)

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