Business, 08.04.2020 04:24 hargunk329

Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $400,000; variable costs of $80,000; and fixed costs of $150,000. QS 21-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $480,000 (26,000 units), actual variable costs for the year are $112,000, and actual fixed costs for the year are $145,000. Prepare a flexible budget performance report for the year.

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