QS 21-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26.700 units at $486,000. Actual variable costs were $113,100 and actual fixed costs were $138,000 Prepare a flexible budget performance report Indicate whether each variance is favorable or unfavorable.

Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Results Spending Variances Budget 9,480 Activity Variances Planning Budget 9,000 Labor-hours (9) q) $ 134,730 Direct labor Indirect labor Utilities $ 132,720 21,640 $ 1.50 ) 1,780 F 1,450 U $ 6,500 + 9) 336 U 12,800 4,300 Supplies ...

Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 Revenue and Spending Flexible Variances Budget 48 Actual Results 48 Activity Variances Planning Budget 50 Flights $ 13,650 S 15,360 S 350 $ 16,000 Revenue Expenses Wagos and salarios Fuel Airport fees Aircraft depreciation Office expenses Total expense Net operating ...

Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Actual Flexible Budget Flexible Results Variance Budget Units 11,000 11,000 Sales Revenue 187,000 $ 165,000 Variable Costs 51,600 49,500 Contribution Margin 135,400 115,500 Fixed Costs 15,500 14,600 $ 119,900 100,900 Operating Income $ $ - Х Data ...

Fulton Company manufactures book bags and has provided the following information for June 2016 囲(Click the icon to view the information.) Requirements 1. Prepare a flexible budget performance report. (Hint: You will need to calculate the …

Question: Problem 21-2A Preparation and analysis of a flexible budget performance report LO P1, P2, A1 Phoenix Company's 2017 master budget included the following fixed budget report. It is based on an expected production and sales volume of 15,000 units. ints awarded Scored $3,000,000 eBook PHOENIX COMPANY Fixed Budget Report For Year Ended ...

The static budget was based on expected sales of 8,500 units. The company sold 10,500 units during July. Its flexible budget and actual operating income was as follows Click the icon to view the flexible budget) Read the requirements (Click the icon to view the income statement.) Requirement 1. Prepare a flexible budget performance report for July.

Exercise 21-4 (Algo) Preparing flexible budget performance report LO P1 Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $80 per unit and variable costs of …

Prepare a flexible budget performance report through operating income for 2019. Show product costs separately from selling and administrative costs. To simplify the calculations due to sets in beginning inventory having a different cost than those produced and sold in 2019, assume the following product costs: Static Budget Variance 35,250 F 2b.

Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Results 8,800 Flexible Budget 8,800 Planning Budget 9,000 Cars washed Revenue $ 43,080 $ 43,120 $ 980 U $ 44,100 Expenses 7,200 Cleaning supplies Electricity Maintenance 7,560 2,670 2,260 7,040 2,520 2,550 1,760 1,800 8,500 7,640 7,700 Wages and salaries ...