Please provide instructions on each variance and actual results.
Homework Answers
Answer-
| BRODRICK COMPANY | ||||
| FLEXIBLE BUDGET PERFORMANCE REPORT | ||||
| FOR THE MONTH ENDED DECEMBER 31 | ||||
| PARTICULARS | FLEXIBLE BUDGET | ACTUAL RESULTS | VARIANCES | REMARK |
| $ | $ | $ | ||
| Sales | ($607600/21700 units)*26800 units= 750400 | 705400 | -45000 | Unfavorable |
| Less- Variable Expenses | (65100/21700 units)*26800 units= 80400 | 113400 | -33000 | Unfavorable |
| Contribution margin | 670000 | 592000 | -78000 | Unfavorable |
| Less- Fixed Expenses | 143000 | 131000 | 12000 | Favorable |
| Income from operations | 527000 | 461000 | -66000 | Unfavorable |
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Please provide instructions on each variance and actual
results.
Brodrick Company expects to produce 21,700 units...
Check my work Brodrick Company expects to produce 20,400 units for the year ending December 31....
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...
Brodrick Company expects to produce 21,800 units for the year ending December 31. A flexible budget...
Brodrick Company expects to produce 21,800 units for the year ending December 31. A flexible budget for 21,800 units of production reflects sales of $436,000; variable costs of $65,400; and fixed costs of $141,000. ssume that actual sales for the year are $510,000 (27,800 units), actual variable costs for the year are $113,600, and actual fixed costs r the year are $134,000. repare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended...
Brodrick Company expects to produce 21,200 units for the year ending December 31. A flexible budget...
Brodrick Company expects to produce 21,200 units for the year ending December 31. A flexible budget for 21,200 units of production reflects sales of $530,000; variable costs of $63,600; and fixed costs of $142,000. QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $604,500 (26,100 units), actual variable costs for the year are $113,500, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for the year. Use...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $620,600; variable costs of $64,200; and fixed costs of $141,000. Assume that actual sales for the year are $729,200 (26,800 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $136,000. Prepare a flexible budget performance report for...
Brodrick Company expects to produce 20,200 units for the year ending December 31. A flexible budget...
Brodrick Company expects to produce 20,200 units for the year ending December 31. A flexible budget for 20,200 units of production reflects sales of $545,400; variable costs of $60,600; and fixed costs of $143,000. 1)If the company instead expects to produce and sell 26,700 units for the year, calculate the expected level of income from operations. ------Flexible Budget------ ------Flexible Budget at ------ Variable Amount per Unit Total Fixed Cost 20,200 units 26,700 units Contribution margin $0.00 $0 $0 $0 $0...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21.900 units for the year ending December 31. A flexible budget for 21,900 units of production reflects sales of $635,100; variable costs of $65,700; and fixed costs of $144,000. Assume that actual sales for the year are $ 719,700 (26,300 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $132,000. Prepare a flexible budget performance report...
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce...
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $455,400; variable costs of $62,100; and fixed costs of $142,000. Assume that actual sales for the year are $532,200 (26,100 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for...
Part 1 of 2 Required information The following information applies to the questions displayed below) Brodrick...
Part 1 of 2 Required information The following information applies to the questions displayed below) Brodrick Company expects to produce 20100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $582.900: variable costs of $60,300; and fixed costs of $143,000. If the company instead expects to produce and sell 26,600 units for the year, calculate the expected level of income from operations Flexible Budget Flexible Budget at Total Fixed Variable Amount...
Required information Use the following information for the Quick Study below. The following information applies to...
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget for 20,600 units of production reflects sales of $432,600: variable costs of $61,800; and fixed costs of $142,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 26,800 units for the year, calculate the expected level of income...
i need help and explanation Use the following information for the Quick Study below. (The following...
i need help and explanation
Use the following information for the Quick Study below. (The following information applies to the questions displayed below. Brodrick Company expects to produce 21,900 units for the year ending December 31. A flexible budget for 21,900 units of ts sales of $503,700; variable costs of $65,700; and fixed costs of $142,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 27,300 units for the year, calculate the expected level...
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...
Brodrick Company expects to produce 21,800 units for the year ending December 31. A flexible budget for 21,800 units of production reflects sales of $436,000; variable costs of $65,400; and fixed costs of $141,000. ssume that actual sales for the year are $510,000 (27,800 units), actual variable costs for the year are $113,600, and actual fixed costs r the year are $134,000. repare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $620,600; variable costs of $64,200; and fixed costs of $141,000. Assume that actual sales for the year are $729,200 (26,800 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $136,000. Prepare a flexible budget performance report for...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21.900 units for the year ending December 31. A flexible budget for 21,900 units of production reflects sales of $635,100; variable costs of $65,700; and fixed costs of $144,000. Assume that actual sales for the year are $ 719,700 (26,300 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $132,000. Prepare a flexible budget performance report...
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $455,400; variable costs of $62,100; and fixed costs of $142,000. Assume that actual sales for the year are $532,200 (26,100 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for...
Part 1 of 2 Required information The following information applies to the questions displayed below) Brodrick Company expects to produce 20100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $582.900: variable costs of $60,300; and fixed costs of $143,000. If the company instead expects to produce and sell 26,600 units for the year, calculate the expected level of income from operations Flexible Budget Flexible Budget at Total Fixed Variable Amount...
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget for 20,600 units of production reflects sales of $432,600: variable costs of $61,800; and fixed costs of $142,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 26,800 units for the year, calculate the expected level of income...
i need help and explanation
Use the following information for the Quick Study below. (The following information applies to the questions displayed below. Brodrick Company expects to produce 21,900 units for the year ending December 31. A flexible budget for 21,900 units of ts sales of $503,700; variable costs of $65,700; and fixed costs of $142,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 27,300 units for the year, calculate the expected level...
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