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(For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Gavin, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Flexible Budget Units Sales Revenue Variable Costs Contribution Margin Fixed Costs S Actual Results 4,000 72,000 51,500 20,500 15,500 5,000 Variance $ Flexible Budget 4,000 64,000 49,900 14,100 14,000 (500)

(For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Gavin, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Flexible Budget Units Sales Revenue Variable Costs Contribution Margin Fixed Costs S Actual Results 4,000 72,000 51,500 20,500 15,500 5,000 Variance $ Flexible Budget 4,000 64,000 49,900 14,100 14,000 (500)

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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Data table Gavin, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Flexible Budget Variance Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Actual Results 4,000 72,000 51,500 20,500 15,500 5,000 (a) (b) (d) (1) (h) () (C) $ UO (e) (g) (1) (k) $ Flexible Budget 4,000 64,000 49,900 14,100 14,600 (500) 4,000
Transcribed Image Text:Data table Gavin, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Flexible Budget Variance Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Actual Results 4,000 72,000 51,500 20,500 15,500 5,000 (a) (b) (d) (1) (h) () (C) $ UO (e) (g) (1) (k) $ Flexible Budget 4,000 64,000 49,900 14,100 14,600 (500) 4,000
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 Gavin, Inc. (Click the icon to view the report.) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Gavin, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ Actual Results 4,000 72,000 51,500 20,500 15,500 5,000 Flexible Budget Variance $ Flexible Budget 4,000 64,000 49,900 14,100 14,000 (500)
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 Gavin, Inc. (Click the icon to view the report.) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Gavin, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ Actual Results 4,000 72,000 51,500 20,500 15,500 5,000 Flexible Budget Variance $ Flexible Budget 4,000 64,000 49,900 14,100 14,000 (500)
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