Required information[The following information applies to the questions displayed below]The fixed budget for 21,300 units of production shows sales of $639,000. variable costs of $63,900; and fixed costs of$142,000.If the company actually produces and sells 27,700 units, calculate the flexible budget income.Flexible Budget-Flexible Budget atVariable Amountper UnitTotal FixedCost21,300 units27,700 units.Contribution margin

The contribution margin is calculated as excess of sales revenue over total variable cost.

[The following information applies to the questions displayed below] The fixed budget for 21,300 units of production shows sales of $639,000, variable costs of $63,900; and fixed costs of $142,000. ithe company actually produces and sells 27,700 units, calculate the flexible budget income. Flexible Budget- Flexible Budget at Variable Amount per Unit Total Fixed Cost 21,300 units 27.700 units. Contribution margin

[The following information applies to the questions displayed below] The fixed budget for 21,300 units of production shows sales of $639,000, variable costs of $63,900; and fixed costs of $142,000. ithe company actually produces and sells 27,700 units, calculate the flexible budget income. Flexible Budget- Flexible Budget at Variable Amount per Unit Total Fixed Cost 21,300 units 27.700 units. Contribution margin

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

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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