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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Santana Company sold 100,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $850,000; variable costs, $675,000; and fixed costs, $150,000. The following actual financial results are available for May. Prepare a flexible budget performance report for May.
|
Sales (100,000 units)Â Â Â Â Â Â Â Â Â |
$837,500 |
|
Variable costs               |
656,250 |
|
Fixed costs                 |
150,000 |
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