Transcribed Image Text: Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $270,000. During June, the company produced

Transcribed Image Text: Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $270,000. During June, the
company produced and sold 10,800 units and incurred actual variable costs of $351,000 and actual fixed costs of $285,000. Actual
sales for June were $885,000.
Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately.
(Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance)
XION CO.
Flexible Budget Report
For Month Ended June 30
Flexible Budget
Actual Results
Variances
Fav./Unf.

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadline.


Click Here to Make an Order Click Here to Hire a Writer