For the quarter ended march 31, 2014, maris company accumulates the following sales data for its product, garden-tools: $334,300 budget; $305,700 actual. in the second quarter, budgeted sales were $382,300, and actual sales were $387,600. prepare a static budget report for the second quarter and for the year to date.

Explanation:

The preparation of ta static budget report for the second quarter is shown below:  

                                         Maris Company

                                  Sales Budget Report

                             For the Quarter Ended June 30, 2017

Second Quarter                                         Year to date

Product Line   Budget    Actual       Difference Budget   Actual       Difference

Garden Tools $334,300 $382,300 $48,000 $716,600 $693,300 $23,300

                                                          Favorable                             Unfavorable

The year to date balances are computed below:

For Budget:

= $334,300 + $382,300

= $716,600

For Actual:

= $305,700 + $387,600

= $693,300

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agriculture and oil. natural resources, industry.