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The actual information pertains to the month of June. As a part of the budgeting...

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Accounting

The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for June. Great Cabinets is in the process of preparing the flexible budget and understanding the results. Sales volume (in units) Sales revenues Variable costs Contribution margin Fixed costs Operating profit Actual Results Flexible Budget Static Budget 18,000 23,000 $900,000 360,000 540,000 275.300 $264.700 $ $1,150,000 463,910 686,090 269,500 $416,590 $ The flexible budget will report for variable costs. (Round any intermediate calculations to the nearest cent, and round your final answer to the nearest dollar.)
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The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for June. Great Cabinets is in the process of preparing the flexible budget and understanding the results. The flexible budget will report for variable costs. (Round any intermediate calculations to the nearest cent, and round your final answer to the nearest dollar.)

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