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Make a five column flexible budget performance report

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Reference no: EM133167239

Question - The following data are given to you and asked to do a performance report.

Static Budget in output units 20,000

Actual output units produced and sold 23,000

Budgeted selling price per output unit $40

Budgeted variable cost per output unit $25

Budgeted total fixed costs per month $200,000

Actual revenue $874,000

Actual variable costs $630,000

Favorable variance in fixed costs $5,000

Required - Use the data above to make a five column flexible budget performance report.

Reference no: EM133167239

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