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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 10,000 travel locks for Galen, Inc. View the report. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter. For variances with a $0 value, enter a 0 in the appropriate field. If a variance is $0, leave the favorable (F)/unfavorable (U) field blank.) Galen, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2025 Actual Flexible Budget Results Variance Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ $ 10,000 170,000 52,100 117,900 15,700 102,200 59 Flexible Budget 10,000 150,000 50,000 100,000 14,800 85,200

Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 10,000 travel locks for Galen, Inc. View the report. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter. For variances with a $0 value, enter a 0 in the appropriate field. If a variance is $0, leave the favorable (F)/unfavorable (U) field blank.) Galen, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2025 Actual Flexible Budget Results Variance Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ $ 10,000 170,000 52,100 117,900 15,700 102,200 59 Flexible Budget 10,000 150,000 50,000 100,000 14,800 85,200

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 2PA: Flexible budgeting and variance analysis I Love My Chocolate Company makes dark chocolate and light...
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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 10,000 travel locks for Galen, Inc. View the report. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter. For variances with a $0 value, enter a 0 in the appropriate field. If a variance is $0, leave the favorable (F)/unfavorable (U) field blank.) Galen, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2025 Actual Results Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ $ 10,000 170,000 52,100 117,900 15,700 102,200 Flexible Budget Variance $ Flexible Budget 10,000 150,000 50,000 100,000 14,800 85,200
Transcribed Image Text:Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 10,000 travel locks for Galen, Inc. View the report. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter. For variances with a $0 value, enter a 0 in the appropriate field. If a variance is $0, leave the favorable (F)/unfavorable (U) field blank.) Galen, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2025 Actual Results Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ $ 10,000 170,000 52,100 117,900 15,700 102,200 Flexible Budget Variance $ Flexible Budget 10,000 150,000 50,000 100,000 14,800 85,200
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