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Actual expenses During the year, Chocolate...

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Accounting

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Actual expenses During the year, Chocolate Muffins actually sold 7,900 cases, resulting in total sales revenue of $260,000. Requirement Construct a flexible budget performance report for Chocolate Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Budget information Chocolate Muffins selis its muffins to restaurants and coffee houses for an average selling price of $32 per case. The following information relates to the budget for Chocolate Muffins for this year (all figures are annual totals unless otherwise noted): View the budget information. View the actual expenses (in total) from this year. Read the requirement. (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U), in the input field after the amount you enter. If the variance is 0 , make sure to enter in a " 0. A variance of zero is considered favorable.) Chocolate Muffins Flexible Budget Performance Report-Sales and Operating Expenses

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