serial problem chapter 21

U W I ALUNSJ ule manager should consider. This serial problem began in Chapter I and continues through most of the book. If previous chapter ser- SERIAL PRO ments were not completed, the serial problem can begin at this point Business Solutio P1 SP 21 Business Solutions's second-quarter 2020 fixed budget performance report for its computer lur niture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 fixed expenses. The actual expenses include $31.000 fixed expenses. Prepare a flexible budget performance report that shows any variances sults and actual results. List fixed and variable expenses separately. Fixed Budget Actual Results Variances 144 Desk sales (in units)..... Chair sales in units) . 72 Desk sales....... Chair sales....... .. Total expenses Income from operations........... $180,000 36.000 156,000 $ 60,000 150 80 $186,000 41.200 163,880 $ 63,320 $6.000 F 5.200 F 7.880 U $3.320 F