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Barlow Company manufactures book bags and has provided the following information for June 2024. ...

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Question

Accounting

Barlow Company manufactures book bags and has provided the following information for June 2024.
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Requirements
Prepare a flexible budget performance report (Hint You will need to calculate the flexible budget amounts for 4,000 units )
As the company owner, which employees would you praise or criticize after you analyze this performance report? Favorable (F)/Unfavorable (U) input blank. Enter all amounts as positive values.)
Data table
\table[[,Actual Results,Static Budget,],[Units,4,000,5,000,],[Sales Revenue,$,71,000,85,000],[Variable Expenses,21,500,25,000,],[Contribution Margin,49,500,60,000,],[Fixed Expenses,23,500,25,000,],[Operating Income,$,26,000,$
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