Barbara Baldwa was a bit anwious as she created the vear-end performance reports She remembered...
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Accounting
Barbara Baldwa was a bit anwious as she created the vear-end performance reports She remembered how management had hoped the economy would make a tavorable turn, taking pressure olf consumers so theyd feet imore comilortabie spending an the company/s splurge item-a luauelous hooded cotton robe. Alas, actoal production and sales ended at 5,800 units, a whopping 1,000 urvits shy of the company's oridenal budget. The following information presents the company/s actual income stateinent and ather kg information. for Barbara, Standards are as follows. Additional master budget information: Present the company's complete flexible buidget for the year and compare it to the actual results to determine flenible budget - variances for each line iteme, include the amount and sign for all variances
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