Sweeney enterprises manufactures tires for the formula i motor racing circuit. for august 2017, it budgeted to manufacture and sell 3,600 tires at a variable cost of $71 per tire and total fixed costs of $55,000. the budgeted selling price was $114 per tire. actual results in august 2017 were 3,500 tires manufactured and sold at a selling price of $116 per tire. the actual total variable costs were $280,000, and the actual total fixed costs were $51,000. required prepare a performance report (akin to exhibit 7-2) that uses a flexible budget and a static budget. comment on the results in requirement 1.
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Business, 22.06.2019 02:00, rsanchez1226
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Sweeney enterprises manufactures tires for the formula i motor racing circuit. for august 2017, it b...
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