2017


Performance Report


Year Ended December 31, 2017


Actual


Flexible-Budget


Flexible


Sales-Volume


Static


Results


Variances


Budget


Variances


Budget

Units sold

106,000

98,000

Revenues (sales)

$

683,700

$

416,500

Variable costs

460,000

215,600

Contribution margin

223,700

200,900

Fixed costs

122,800

100,000

Operating income

$

100,900

$

100,900


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