Arrison Corporation Uses Customers Served as Its Measure of Activity

question 17

Essay

Arrison Corporation uses customers served as its measure of activity.During July,the company budgeted for 34,000 customers,but actually served 33,000 customers.The company has provided the following data concerning the formulas used in its budgeting and its actual results for July:
Data used in budgeting:
Actual results for July:
Required:
Prepare the company's flexible budget performance report for July.Label each variance as favorable (F)or unfavorable (U).

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Definitions:

Attractive

Possessing features, qualities, or characteristics that evoke interest, desire, or pleasure in others.

Medical Researcher

refers to a professional engaged in conducting studies aimed at improving knowledge of diseases, developing medical treatments, or furthering health sciences.

Invention

The act of creating something new or a novel solution to a problem through innovative thinking.

Prospects

Potential or likely customers, clients, or users of a service or product, or the possibility of future success.