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← Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 4,000 travel locks for Garrett. Inc. (Click the icon to view the report) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ S Actual Results 4,000 76,000 51,700 24,300 15.500 8,800 Flexible Budget Variance $ Flexible Budget 4.000 68.000 49.900 18,100 14,800 3.300 Data table Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Actual Flexible Budget Results Variance (a) (9 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ S Print 4,000 76,000 51,700 24.300 15,500 8,800 (01) (0 (2) 93 Done (c) $ (0) (g) (0) 905 Flexible Budget - X 4.000 68,000 49,900 18,100 14,800 3.300

← Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 4,000 travel locks for Garrett. Inc. (Click the icon to view the report) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ S Actual Results 4,000 76,000 51,700 24,300 15.500 8,800 Flexible Budget Variance $ Flexible Budget 4.000 68.000 49.900 18,100 14,800 3.300 Data table Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Actual Flexible Budget Results Variance (a) (9 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ S Print 4,000 76,000 51,700 24.300 15,500 8,800 (01) (0 (2) 93 Done (c) $ (0) (g) (0) 905 Flexible Budget - X 4.000 68,000 49,900 18,100 14,800 3.300

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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K- Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 4,000 travel locks for Garrett. Inc. (Click the icon to view the report.) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ Actual Results 4,000 76,000 51,700 24,300 15.500 8,800 Flexible Budget Variance 0 S Flexible Budget 4,000 68,000 49.900 18,100 14,800 3.300 This que aorei potucy puss Data table Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Flexible Budget Variance (al (b) Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ $ Actual Results Print 4,000 76,000 51,700 24,300 15,500 8,800 (00) (0) (h) 23 Done (c) $ (0) (a) (1) 00$ Flexible Budget -X 4,000 68,000 49,000 18,100 14,800 3,300
Transcribed Image Text:K- Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 4,000 travel locks for Garrett. Inc. (Click the icon to view the report.) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ Actual Results 4,000 76,000 51,700 24,300 15.500 8,800 Flexible Budget Variance 0 S Flexible Budget 4,000 68,000 49.900 18,100 14,800 3.300 This que aorei potucy puss Data table Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Flexible Budget Variance (al (b) Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ $ Actual Results Print 4,000 76,000 51,700 24,300 15,500 8,800 (00) (0) (h) 23 Done (c) $ (0) (a) (1) 00$ Flexible Budget -X 4,000 68,000 49,000 18,100 14,800 3,300
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