Question: Exercise 08-4 Preparing a flexible budget performance report LO P1 Xion Co, budgets a selling price of $87 per unit, variable costs of $33 per
Exercise 08-4 Preparing a flexible budget performance report LO P1 Xion Co, budgets a selling price of $87 per unit, variable costs of $33 per unit, and total fixed costs of $284.000. During June, the company produced and sold 12.200 units and incurred actual variable costs of S365,000 and actual fixed costs of $299,000. Actual sales for June were $1,080,000 Prepare a flexible budget report showing variances between budgeted and actual results List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) XION CO. Flexible Budget Report For Months Ended June 30 Flexible Budget Actual Results Valances Fav/Uin
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