Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales...
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Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales of 44,000 units at $50 per table. Budgeted variable costs are $.30 per unit, while fiwed costs totail $60.00o Actual sales were 46,000 units at $60 each. Actual variable costs were $33 per unit and fixed costs totaled $627,000 Required: Prepare a variance analysis report with both flexible-budget and sales-volume variances Quindo Table Company Variance Analysis Actual FlexibleFlexible Valume BudgetVariances Sales Static Units sold ? b) ? ey 2 Sales gl ? ) 3 Variable costs kip n) 2 "ontribution gin 4 Fixed costs | ait Operating income 2 dt
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