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E1 0-27A (Similar t0) EE Question Help Q Ranco Industries has a relevant range extending to 32,000 units each month. The following performance report...
How to I get these calculations. The icon for performance report only shows same information as what is below.
E1 0-27A (Similar t0) EE Question Help Q Ranco Industries has a relevant range extending to 32,000 units each month. The following performance report provides information about Ranco's budget and actualperformance for November. E (Click the icon to view the performance report.) RequirementFill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Enter the variances as positive numbers. If the variance is 0. makesure to enter in a "0". Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) For the Month Ended November 30Flexible budget Flexible VolumeActual variance Budget Variance Master BudgetOutput units 25,000 32,000 Sales revenue $ 243,000 $ 5.500 F Less: Variable expenses 182,500 I I $ 195,200Contribution margin 4 _ Less: Fixed expenses 15,000 I I 22,000Operating income l— — 4 l— _ l—l Choose from any list or enter any number in the input fields and then click Check Answer. ®