Question

Check my work Brodrick Company expects to produce 20,400 units for the year ending December 31. A flexible budget for 20,400 units of production reflects sales of $469,200; variable costs of $61,200; and fixed costs of $143,000. Part 2 of 2 QS 23-4 Flexible budget performance report LO P1 1.11 Assume that actual sales for the year are $578,300 (27,100 units), actual variable costs for the year are $113,200, and actual fixed costs for the year are $134,000. points Prepare a flexible budget performance report for the year. eBook Hint Print BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable/ Unfavorable $ Sales Variable expenses 0 Contribution margin Fixed expenses Income from operations 578,300 113,200 465,100 134,000 331,100 $ 0 $

Answer 1

	flexible budget	actual results	variances	favorable / unfavorable
sales	469,200	578,300	109,100	favorable
variable expenses	61,200	113,200	52,000	unfavorable
contribution margin	408,000	465,100	57,100	favorable
fixed expenses	143,000	134,000	9,000	favorable
income from operations	265,000	331,100	66,100	favorable