Question: Check my Exercise 21-6 Preparing a flexible budget report LO P1 Lewis Co. reports the following results for May. Prepare a flexible budget report showing

 Check my Exercise 21-6 Preparing a flexible budget report LO P1

Check my Exercise 21-6 Preparing a flexible budget report LO P1 Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual results Sales Variable expenses Fixed expenses (total) Units produced and sold Budgeted $ 1,000 per unit $ 4ee per unit $146, eee 1,340 Actual $1,603, eee $ 62e, see $ 136,000 1,540 List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) LEWIS CO. Flexible Budget Performance Report For Month Ended May 31 Flexible Budget Actual Results Variances Fav./Unf. e

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