Beech company produced and sold 105,000 units of its product in may. for the level of produ ction achieved in may, the budgeted amounts were: sales, $1,300,000; variable costs, $750,000; and fixed costs, $300,000. the following actual financial results are available for may.
actual

sales $ 1,275,000
(105,000 units)
variable costs 712,500
fixed costs 300,000
prepare a flexible budget performance report for may. beech company
flexible budget performance report
for month ended may 31
flexible budget actual results variance favorable/un fav.
sales
variable expense
contribution margin
fixed expense
income from operations
(could you show how to get the flexible budget)

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.