The Flashlight Company projected yearly sales of 12,000 units at $15.00 per unit.Actual
sales for the year were 15,000 units at $16.00 per unit.Actual variable expenses,budgeted at $12.00 per unit,amounted to $10.00 per unit.Actual fixed expenses,budgeted at $50,000,totaled $48,000.
Prepare the Flashlight Company's income statement performance report for the year ended December 31,including both flexible budget variances and sales volume variances.

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The Answer of  The Flashlight Company projected yearly sales of 12,000 units at $15.00 per unit.Actual
sales for the year were 15,000 units at $16.00 per unit.Actual variable expenses,budgeted at $12.00 per unit,amounted to $10.00 per unit.Actual fixed expenses,budgeted at $50,000,totaled $48,000.
Prepare the Flashlight Company's income statement performance report for the year ended December 31,including both flexible budget variances and sales volume variances.

The Flashlight Company Projected Yearly Sales of 12,000 Units at $15.00