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  3. xion co. budgets a selling price of $91 per unit,

Xion Co. budgets a selling price of $91 per unit, variable costs of $32 per...

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Accounting

Xion Co. budgets a selling price of $91 per unit, variable costs of $32 per unit, and total fixed costs of $290,000. During June, the company produced and sold 12,800 units and incurred actual variable costs of $371,000 and actual fixed costs of $305,000. Actual sales for June were $1,190,000. Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately.

(Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance)

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