Higgins Company produced 80,000 units, 8,000 more than budgeted. Production data are as follows. Except for physical

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Higgins Company produced 80,000 units, 8,000 more than budgeted. Production data are as follows. Except for physical units, all quantities are in dollars. 

Actual Results Flexible- Flexible Sales- Static Budget Budget Activity Budget at Acutal Prices Variances Variances Phyis

1. Fill in the unknowns. 

2. Give a brief summary explanation of why the original target income was not attained.


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Related Book For  answer-question

Management Accounting

ISBN: 978-0132570848

6th Canadian edition

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

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