Complete the flexible budget variance analysis by filling in the blanks in the partial income…


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29.99

Complete the flexible budget variance analysis by filling in the blanks in the partial income… 1 answer below » Flexible budget variance Consider the following partially completed income statement performance report for Gaje, Inc. View complete question » GAJE, INC. Income Statement Performance Report (partial) Month Ended April 30, 2012 Actual Results at Actual Prices Flexible Budget Variance Flexible Budget for Actual Number of Units Sold Output units 6,000 6,000 Sales revenue $90,000 $78,000 Variable expenses 52,200 49,500 Contribution margin $37,800 $28,500 Fixed Flexible budget variance Consider the following partially completed income statement performance report for Gaje, Inc. GAJE, INC. Income Statement Performance Report (partial) Month Ended April 30, 2012 Actual Results at Actual Prices Flexible Budget Variance Flexible Budget for Actual Number of Units Sold Output units 6,000 6,000 Sales revenue $90,000 $78,000 Variable expenses 52,200 49,500 Contribution margin $37,800 $28,500 Fixed expenses 16,200 15,300 Operating income $21,600 $13,200 Requirement 1. Complete the flexible budget variance analysis by filling in the blanks in the partial income statement performance report for 6,000 travel locks. View less » Jul 18 2014 01:00 PM

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29.99