The fixed budget for 21,300 units of production shows sales of $511,200; variable costs of $63,900; and fixed costs of $142,000. If the company actually produces and sells 26,800 units, calculate the flexible budget income. Flexible Budget----- -Flexible Budget at - Variable Amount Total Fixed 21,300 units 26,800 units per Unit Cost Sales Variable costs 575,100 Contribution margin (3) %2$ 575,100 $ Fixed costs Income 575,100 $
The fixed budget for 21,300 units of production shows sales of $511,200; variable costs of $63,900; and fixed costs of $142,000. If the company actually produces and sells 26,800 units, calculate the flexible budget income. Flexible Budget----- -Flexible Budget at - Variable Amount Total Fixed 21,300 units 26,800 units per Unit Cost Sales Variable costs 575,100 Contribution margin (3) %2$ 575,100 $ Fixed costs Income 575,100 $
Chapter7: Budgeting
Section: Chapter Questions
Problem 12PB: Before the year began, the following static budget was developed for the estimated sales of 50,000....
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