The measure of activity in its budgets, Accounting Basics

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The measure of activity in its budgets

Friou Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 6,300 units, but its actual level of activity was 6,250 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July:

Data used in budgeting:

Fixed
element
per month
- Variable
element
per unit
Revenue•

Direct labor
$ 0.00
- $ 4.50
Direct material

The net operating income in the flexible budget for July is? (please show work)

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Accounting Basics: The measure of activity in its budgets

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Accounting Basics: The measure of activity in its budgets

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