Please help me with all answers thanku I will give upvote Required information[The following information applies to the questions displayed below.]The fixed budget for 21,700 units of production shows sales of $629,300; variable costs of $65,100; and fixed costs of$140,000.If the company actually produces and sells 27,500 units, calculate the flexible budget income.Contribution margin------Flexible Budget------Variable Amountper UnitTotal FixedCost------Flexible Budget at ------21,700 units 27,500 units The company's actual sales were 27,500 units at $749,500. Actual variable costs were $113,800 and actual fixed costs were$135,000.Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect ofeach variance by selecting favorable, unfavorable, or no variance.)Contribution marginFlexible Budget Performance ReportFlexible Budget Actual Results VariancesFavorable/Unfavorable

The flexible budget is prepared for comparing the standard and actual production data. The variance…

Required information [The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $629,300; variable costs of $65,100; and fixed costs of $140,000. of the company actually produces and sells 27,500 units, calculate the flexible budget income.

Required information [The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $629,300; variable costs of $65,100; and fixed costs of $140,000. of the company actually produces and sells 27,500 units, calculate the flexible budget income.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 26BEB: Variable Cost Ratio, Contribution Margin Ratio Chillmax Company plans to sell 3,500 pairs of shoes...

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