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Business, 09.04.2021 03:40 osmanysalvador9
Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual results.
Budgeted Actual
Sales 950 per unit $1,470,000
Variable expenses 380 per unit 588,000
Fixed expenses (total) $144,500 135000
Units produced and sold 1,530 1,330
List variable and fixed expenses separately.
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Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances...
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