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QUESTION
Prepare static budget report for 2 quarters
BE10-1
For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $315,000 budget; $305,000 actual.
BE10-2
Data for Croix Company are given in BE10-1. In the second quarter, budgeted sales were $384,000. Prepare a static budget report for the second quarter and for the year to date.
