Question: General Instructions : Prepare the 2020 budget using prior year data and the information included with the instructions tab. 1.Actual column:compute the break even in

General Instructions: Prepare the 2020 budget using prior year data and the information included with the instructions tab.

1.Actual column:compute the break even in units and dollars.Compute the margin of safety.

2.Flexible Budget column:Complete the 2020 Flexible Budget column incorporated with the budget and variance analysis tab.The flexible budget includes several changes to the data.The changes are listed in the Excel file / Instructions Tab.

2a.Compute variances.

2b.Explain the variances.

2c.Compute the break even in units and dollars.

2d.Compute the margin of safety.

The format used is a variable costing income statement.

General Instructions: Prepare the 2020 budget using prior year data and the

information included with the instructions tab.1.Actual column:compute the break even in units

and dollars.Compute the margin of safety.2.Flexible Budget column:Complete the 2020 Flexible Budget

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