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Required information Use the following information for the Quick Study below. [The following information applies...

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Accounting

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Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 21,200 units for the year ending December 31. A flexible budget for 21,200 units of production reflects sales of $487,600; variable costs of $63,600; and fixed costs of $144,000 QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $565,500 (26,500 units), actual variable costs for the year are $113,500, and actual fixed costs for the year are $135,000 Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Favorable Unfavorable Flexible Budget Actual ResultsVariances Sales ariable expenses Contribution margin Fixed expenses Income from operations 0 0

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