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For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its...

For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its newest guitar, The Edge: $324,600 budget; $301,400 actual.

In the second quarter, budgeted sales were $380,100, and actual sales were $392,000.

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, 2020

Second Quarter

Year to Date

Product Line Budget Actual Difference Budget Actual Difference

Guitar: The Edge

$

$

$

                                                          FavorableUnfavorableNeither Favorable nor Unfavorable

$

$

$

                                                          FavorableUnfavorableNeither Favorable nor Unfavorable

1 0
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Answer #1
CROIX COMPANY
Sales Budget Report
For the Quarter Ended June 30, 2020
Second Quarter Year to Date
Budget Actual Difference Budget Actual Difference
Product Line
Guitar: The Edge 380100 392000 11900 Favorable 704700 693400 11300 Unfavorable
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