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Question: soltalre companys fixed budget performance report for june follows the...

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Soltalre Companys fixed budget performance report for June follows. The $322,500 expenses and $30100 fixed expenses. Actual expenses Include $38,800 fixed expenses. budgeted expenses Include $292,400 varlable Actual Fixed Budget Results 11,000 0,000-550,000 $120,000 E 385,000 107,500$165,00057,500 E 8, 600 Sales (in units) Sales (in dollars) Total epenses Incone from operations 322,500 62,500 0 Prepare a flexble budget performance report showing any variances between expenses separately. budgeted and actual results. List fiwed and vanable 3 Answer is complete but not entirely correct. SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Actual Fav./Unf 0 No variance 159.200 O 1 Unfavorable Variances Sales クis 550,000 e s 550,000 187,000 348,200 ) Variable expenses Contribution margin $ 383,0003 203,800 159,200 Favorable 301,000 38,800 202,200Favorable s 62.000 165.000s 103.000 3 Unfavorable Sales
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