Beech Company produced and sold 109,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,350,000; variable costs, $835,000; and fixed costs, $360,000. The following actual financial results are available for May. Actual
Sales (105,000 units) $1,275,000  
Variable costs    712,500  
Fixed costs    300,000 

Required:
Prepare a flexible budget performance report for May.

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.