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dmitriy555 [2]
4 years ago
8

Business solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. the $174

,560 budgeted expenses include $115,520 in variable expenses for desks and $19,040 in variable expenses for chairs, as well as $40,000 fixed expenses. the actual expenses include $41,800 fixed expenses. list fixed and variable expenses separately.
Business
1 answer:
Natasha2012 [34]4 years ago
5 0

Answer:

Variable Expenses

Desk   $115,520

Chairs $19,040

Fixed cost

Budgeted   $40,000

Under absorbed $1,800

Explanation:

Variable costs are those will vary will the change in sale or activity level e.g material cost, labor cost etc.

Fixed costs are those which remains fix and does not vary with the change in sale or activity level.

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