Ch$.23$ Homework

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$\backslash$hline eBook $\backslash \backslash$

$\backslash$hline Hint $\backslash \backslash$

$\backslash$hline Print $\backslash \backslash$

$\backslash$hline References $\backslash \backslash$

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Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $\backslash (\backslash$$ $81\backslash )$ per unit and variable costs of $\backslash (\backslash$$ $36\backslash )$ per unit.

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{6\}\{|$c$|\}\{$Flexible Budget Performance Report$\}\backslash \backslash$

$\backslash$hline For Month Ended June $30$ & Flexible Budget $(11,000$ units$)$ & Actual Results $(11,000$ units$)$ & & aces & Favorable or Unfavorable $\backslash \backslash$

$\backslash$hline Sales & & & $\backslash$$ & $14,000$ & Favorable $\backslash \backslash$

$\backslash$hline Variable costs & & $353,000$ & & & $\backslash \backslash$

$\backslash$hline Contribution margin & $495,000$ & & & & $\backslash \backslash$

$\backslash$hline Fixed costs & $272,000$ & $287,000$ & & & $\backslash \backslash$

$\backslash$hline Income & & & & & $\backslash \backslash$

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