For the quarter ended March 31, 2017, Croix Company accumulates the following sa
ID: 2509641 • Letter: F
Question
For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $322,300 budget; $304,800 actual.
In the second quarter, budgeted sales were $381,400, and actual sales were $389,000.
Prepare a static budget report for the second quarter and for the year to date.
CROIX COMPANY
Sales Budget Report
For the Quarter Ended June 30, 2017
Second Quarter
Year to Date
Product Line
Budget
Actual
Difference
Budget
Actual
Difference
CROIX COMPANY
Sales Budget Report
For the Quarter Ended June 30, 2017
Second Quarter
Year to Date
Product Line
Budget
Actual
Difference
Budget
Actual
Difference
Explanation / Answer
CRONIX Company Sales Budget Report For the Quarter ended June, 2017 Second Quarter Year to date Prodct Line Budget Actual Difference Budget Actual Difference Newest Guitar $ 381,400 $ 389,000 $ 7,600 $ 703,700 $ 693,800 $ (9,900) Favourable Unfavourable