Question: Required information Use the following information for the Quick Study below. IThe following information applies to the questions displayed belowJ Brodrick Company expects to produce

 Required information Use the following information for the Quick Study below.

Required information Use the following information for the Quick Study below. IThe following information applies to the questions displayed belowJ Brodrick Company expects to produce 20,900 units for the year ending December 31. A flexible budget for 20,900 units of production reflects sales of $501,600; varlable costs of $62,700; and fixed costs of $140,000. QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $607,400 (27100 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $135,000. Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Favorable Unfavorable Flexible Budget Actual ResultsVariances Contribution margin

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