2024 – Bay City Company s fixed budget performance report for July follows The 587 000
connect ch-23- 1 – 2024
Bay City Company’s fixed budget performance report for July follows. The $587,000 budgeted expenses include $400,000 variable expenses and $187,000 fixed expenses. Actual expenses include $177,000 fixed expenses.
| Fixed Budget | Actual Results | Variances | ||||||||
| Sales (in units) | 8,000 | 6,900 | ||||||||
|
|
|
|
|
|||||||
| Sales (in dollars) | $ | 640,000 | $ | 614,100 | $ | 25,900 | U | |||
| Total expenses | 587,000 | 547,000 | 40,000 | F | ||||||
|
|
|
|
|
|
|
|||||
| Income from operations | $ | 53,000 | $ | 67,100 | $ | 14,100 | U | |||
|
|
|
|
|
|
|
|||||
|
|
||||||||||
Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. (Do not round intermediate calculations.)
Need assignment writing services that are 100% risk-free. Our writers are capable of providing the best assignment help to students in globally at best rates.
Assignment online is a team of top-class experts whose only goal is to give you the best assignment help service. Follow the link below to order now...
#write essay #research paper
