Required Information [The following information applies to the questions displayed below.] The fixed budget for...
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Required Information [The following information applies to the questions displayed below.] The fixed budget for 20,100 units of production shows sales of $402,000; varlable costs of $60,300; and fixed costs of $142,000 i the company actually produces and sells 26,100 units, calculate the flexible budget income. Required Information [The following information applies to the questions displayed below.] The fixed budget for 20,100 units of production shows sales of $402,000; varlable costs of $60,300; and fixed costs of $142,000 The company's actual sales were 26,100 units at $477,000. Actual varlable costs were $113,200 and actual fixed costs were $132,000. Prepare a flexible budget performance report. Indicate whether each varlance is favorable or unfavorable. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlance.)
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