Prepare a Static Budget Report for 2 Quarters

Prepare a Static Budget Report for 2 Quarters

 
Question Description



I’m studying for my Accounting class and don’t understand how to answer this. Can you help me study?



BE10-1



For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $315,000 budget; $305,000 actual.



BE10-2



Data for Croix Company are given in BE10-1. In the second quarter, budgeted sales were $384,000. Prepare a static budget report for the second quarter and for the year to date.



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