(Solution) - Burton Company s fixed budget performance report for July follow -(2025 Original AI-Free Solution)

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Burton Company?s fixed budget performance report for July follows. The $675,000 budgeted expenses include $634,500 variable expenses and $40,500 fixed expenses. Actual expenses include $52,500 fixed expenses. Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expensesseparately.