Prepare flexible budget performance report

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Business Solutions' second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 fixed expenses. The actual expenses include $31,000 fixed expenses.


Fixed Budget

Actual Results

Desk sales (in units)

144

150

Chair sales (in units)

72

80

Desk sales (in dollars)

180,000

186,000

Chair sales (in dollars)

36,000

41,200

Total expenses

156,000

163,880

Income from operations

60,000

63,320

Prepare flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately.

Reference no: EM13553693

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