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Stafford Company prepared a static budget for a production and sales volume of 12,300 units. What is the net income if 11,300 units are sold? apter 8 Stafford Company prepared a static budget for a production and sales volume of 12,300 units. Per unit Static Budget standards Number of units 12,300 Sales revenue $88.00 $1,082,400 Variable manufacturing costs: Materials. $20.00 246,000 Labor $18.00 221,400 Overhead $ 6.50 79,950 Variable general, selling, and administrative costs $20.00 246,000 Contribution margin $ 289,050 Fixed costs Manufacturing overhead 123,800 General, selling, and administrative costs 68,000 Hot 97,250

Stafford Company prepared a static budget for a production and sales volume of 12,300 units. What is the net income if 11,300 units are sold? apter 8 Stafford Company prepared a static budget for a production and sales volume of 12,300 units. Per unit Static Budget standards Number of units 12,300 Sales revenue $88.00 $1,082,400 Variable manufacturing costs: Materials. $20.00 246,000 Labor $18.00 221,400 Overhead $ 6.50 79,950 Variable general, selling, and administrative costs $20.00 246,000 Contribution margin $ 289,050 Fixed costs Manufacturing overhead 123,800 General, selling, and administrative costs 68,000 Hot 97,250

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 13CE: Nashler Company has the following budgeted variable costs per unit produced: Budgeted fixed overhead...
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Stafford Company prepared a static budget for a production and sales volume of 12,300 units. What is the net income if 11,300 units are sold? apter 8 Stafford Company prepared a static budget for a production and sales volume of 12,300 units. Per unit standards Static Budget Number of units 12,300 Sales revenue $88.00 $1,082,400 Variable manufacturing costs: Materials. $20.00 246,000 Labor $18.00 221,400 Overhead. $ 6.50 79,950 $20.00 246,000 Variable general, selling, and administrative costs Contribution margin $ 289,050 Fixed costs Manufacturing overhead 123,800 General, selling, and administrative costs 68,000 Net income 97,250 What is the net income if 11,300 units are sold?
Transcribed Image Text:Stafford Company prepared a static budget for a production and sales volume of 12,300 units. What is the net income if 11,300 units are sold? apter 8 Stafford Company prepared a static budget for a production and sales volume of 12,300 units. Per unit standards Static Budget Number of units 12,300 Sales revenue $88.00 $1,082,400 Variable manufacturing costs: Materials. $20.00 246,000 Labor $18.00 221,400 Overhead. $ 6.50 79,950 $20.00 246,000 Variable general, selling, and administrative costs Contribution margin $ 289,050 Fixed costs Manufacturing overhead 123,800 General, selling, and administrative costs 68,000 Net income 97,250 What is the net income if 11,300 units are sold?
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