Manco Industries has a relevant range extending to 30,200 units each month. The following performance report...
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Manco Industries has a relevant range extending to 30,200 units each month. The following performance report provides information about Manco's budget and actual str performance for November. ol (Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Round intermediary calculations to the nearest cent. Enter the variances as positive numbers, Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Manco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance Master Budget Output units 24,000 24,000 30,200 Sales revenue $ 226,000 $ 5,200 F 220800 277840 Less: Variable expenses 168,000 153,600 193,280 Contribution margin Less: Fixed expenses 15,000 7,000 22,000 Operating income Manco Industries has a relevant range extending to 30,200 units each month. The following performance report provides information about Manco's budget and actual str performance for November. ol (Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Round intermediary calculations to the nearest cent. Enter the variances as positive numbers, Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Manco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance Master Budget Output units 24,000 24,000 30,200 Sales revenue $ 226,000 $ 5,200 F 220800 277840 Less: Variable expenses 168,000 153,600 193,280 Contribution margin Less: Fixed expenses 15,000 7,000 22,000 Operating income
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