Beech Company produced and sold 105,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,300,000; variable costs, $835,000; and fixed costs, $390,000. The following actual financial results are available for May. Actual Sales (105,000 units) $ 1,273,000 Variable costs 805,500 Fixed costs 390,000 Prepare a flexible budget performance report for May. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.)
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Beech Company produced and sold 105,000 units of its product in May. For the level of production ach...
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