Business, 06.05.2020 03:41, laureimaneaxel

Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $271,000. During June, the company produced and sold 10,900 units and incurred actual variable costs of $352,000 and actual fixed costs of $286,000. Actual sales for June were $895,000. Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance)

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Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed co...