Brodrick company expects to produce 21,700 units for the year ending december 31. a flexible budget for 21,700 units of production reflects sales of $434,000; variable costs of $65,100; and fixed costs of $142,000. assume that actual sales for the year are $500,000 (27,400 units), actual variable costs for the year are $113,700, and actual fixed costs for the year are $134,000.prepare a flexible budget performance report for the year.

Explanation:

Sales Price: 434,000 / 21,700 = 20

Variable cost: 65,100 / 21,700 =   3

fixed cost: 142,000

Values at 27,400 units:

sales:  27,400 units x $20 = 548,000

variable cost: 27,400 units x $3 = 82,200

Now, we compare with the actual result and calcualte the income

B. To help determine how much inventory to keep in stock of each item in the outlet, I would consider two factors. The first one is the certain amount of each item type in the first week - determining the number of each items input in the stock to be the original data to compare. The second is the number of items sold and still on stock. This would help determine invetory to keep in stock.

B. If I was running a store, I would prefer to use the pick up at store buying method. There would be cashier at the register to check the products and bills as well as receive money from the customers. This is the traditional and still always the most common methods. As the fact that people nowadays still like shopping in physical store, this is definitely the most effective method.

C. The inventory control method I would use when operating a store is to adopt modern technology like bar code to control the inventory stock. By using this technology, I would need to consider the bar code for each type and establishing software to automatically input the information about the number of items sold and in stock. With inputting the number of total items at the beginning and giving each item its corresponding bar code, the sales or number of stock would be tracked by the software.

D. An example of two commodities to be displayed together at store is pencil and rubber. Pencil and rubber undoubtedly are complementary products of each other. Complementary products are made to be used together. Each item requires the other for their complete uses. This is also the case of Rubber and Pencil and each item would not be fully used without the presence of the other.

Explanation: