QS 21-1 Flexible budget performance report LO P1 Beech Company produced and sold 106,000 units...
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QS 21-1 Flexible budget performance report LO P1 Beech Company produced and sold 106,000 units of its product in May. For the level of production achieved in May, the amounts were: sales, $1,300,000; variable costs, $846,000, and fixed costs, $240,000. The foliowing actual financial results are available for May budgeted Sales (106,000 units) Variable costs Pixed costs $1,284,000 812,500 240,000 Prepare a flexible budget performance report for May. BEECH COMPANY Flexible Budget Performance Report For Month Ended May 31 Favorable Flexible Budget Actual Results VariancesUnfavorable Contribution margin Prey1 of 10 Next >
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