Kanco Industries has a relevant range extending to $31,000$ units each month. The following performance report provides information about Kanco's budget and actual performance for June.

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Requirement

sure to enter in a $"0".$ A variance of zero is considered favorable.$)$

Kanco IndustriesKanco Industries has a relevant range extending to $31,000$ units each month. The following performance report provides information about Kanco's budget and actual performance for June.

$($Click the icon to view the performance report.$)$

Requirement

sure to enter in a $"0".$ A variance of zero is considered favorable.$)$

Kanco Industries

Data table

Flexible Budget Performance Report: Sales and Operating Expenses

For the Month Ended June $30$

Flexible Budget Performance Report: Sales and Operating Expenses

For the Month Ended June $30$

Flexible budget Flexible Volume

Output units

Sales revenue

Less: Variable expenses

Contribution margin

Less: Fixed expenses

Operating income