er 21 Exercises Help Save & Ext Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question Exercise 21-3 Preparing a flexible budget performance report LO P1 Solitaire Company's fixed budget performance report for June follows. The $315,000 budgeted expenses include $294.000 variable expenses and $21000 foed expenses. Actual expenses include $27,000 faxed expenses. actual Tixed Budget Variances Sales in units) Sales in dollars) Total expenses Income from operations 8.400 5620.000 115.000 S105,000 10,000 5500,000 378.000 $162,000 $120.000 53.0000 57.000 Prepare a flexible budget performance report showing any variances between budgeted and actual results. Listed and variable expenses separately Answer is complete but not entirely correct. Fan SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Actual Variances Budget 540.000 300.0003 0 33400 316 400 8400 205.200 223.600 18.400 54.600 1.600 7.000 150.000 162 000S 1.400 Unfavorable sales Variable expenses Contribution margin Foxed expenses mem o Favorile Unfa Favovat s Prey 148 Next >