← 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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
$
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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