Calculate the flexible budget for 20x6 for buckeye

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Reference no: EM133496071

Question: After Buckeye National Bank developed its Activity Based Costing system, it switched its strategy to focus more on business accounts instead of customer accounts. The new strategy is reflected in the budget for 20x6. Unfortunately, in 20x6 the Federal Reserve raised the interest rate which caused a bank run at Buckeye National Bank. The actual result and the budget for 20x6 are shown in the table on the last page. Calculate the flexible budget for 20x6 for Buckeye National Bank. You can use the "Income statement" tab in the updated excel sheet.

Reference no: EM133496071

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