Blueberry Corporation's Master/Static Budget and Actual results for the month of May 2030 were as...
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Accounting
Blueberry Corporation's Master/Static Budget and Actual results for the month of May 2030 were as follows: Master Budget Actual Results 2,000 units Volume 2,500 units Sales $ 50,000 $ 60,000 Variable Expenses 20,000 30,000 30,000 Contribution Margin 30,000 Fixed Expenses 3,500 4,000 26,000 Income from Operations 26,500 e) What was the Flexible Budget Sales Variance in $'s? f) Was the Flexible Budget Sales Variance Favorable or Unfavorable? g) What was the Flexible Budget Variable Expense Variance in $'s? h) Was the Flexible Budget Variable Expense Variance Favorable or Unfavorable
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