Question

One subunit of Exercise Sports Company had the following financial results last month: (Click the icon to view the financial results.) Data Table Complete the performance evaluation report for the subunit. (Enter a variance for each account as variance percent as a percentage rounded to two decimal places, X.XX%.) Flexible Budget % Val Subunit x (F Actual Flexible Results Budget $ 480,000 $ 451,000 266,000 251,000 Variance (F or U) 29000 F Subunit x Flexible Budget Net Sales Revenue 6.43 Net Sales Revenue Actual Results 480,000 $ 266,000 15000 Variable Expenses 5.98 U 451,000 251,000 Variable Expenses Contribution Margin $ 14000 200,000 31,000 Contribution Margin 214,000 $ 38,000 176,000 $ 7000 214,000 38,000 Traceable Fixed Expenses Traceable Fixed Expenses 200,000 31,000 169,000 $ 169,000 7000 4.14 Divisional Segment Margin 176,000 $ Divisional Segment Margin Print Done

Answer 1

	Actual results	Flexible budget	Flexible budget variance		% variance
Net sales revenue	480000	451000	29000	F	6.43%	F
Variable expenses	266000	251000	15000	U	5.98%	U
Contribution margin	214000	200000	14000	F	7.00%	F
Traceable fixed expenses	38000	31000	7000	U	22.58%	U
Divisional segment margin	176000	169000	7000	F	4.14%	F