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flexible budget performance report Top managers of Rouse Industries predicted...

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Accounting

flexible budget performance report
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Top managers of Rouse Industries predicted 2024 sales of 14,700 units of its product at a unit price of $7,50. Actual sales for the year were 14,300 units at $10.00 each. Variable costs were budgeted at $2.10 per unit, and actual variable costs were $2.20 per unit. Actual fxed costs of $45,000 exceeded budgeted fixed cosis by $5,000. Prepare Rouse's flexible budget performance report. What variance contributed most to the year's favorable results? What caused this variance? Prepare a flexble budget performance report for the year. First, complete the fexible budget performance report through the contribution margin line, then compiete the report through the operating income line. Finally, compute the total variances. (Enter a "0" for any zero balances. For any $0 variances, feave the Favorable (F) Unfavorable (U) input blank.)

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