[The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $455,700; variable costs of $65.100; and fixed costs of $143,000. If the company actually produces and sells 25,800 units, calculate the flexible budget income. -Flexible Budget- Flexible Budget at- Variable Amount Total Fixed per Unit Cost 26,800 units Sales Variable costs Contribution margin S 0 Fixed costs 0 Income 21,700 units $ S 0 $ 05

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter9: Profit Planning And Flexible Budgets
Section: Chapter Questions
Problem 50E: Use the following information for Exercises 9-50 and 9-51: Assume that Stillwater Designs produces...
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[The following information applies to the questions displayed below.]
The fixed budget for 21,700 units of production shows sales of $455,700; variable costs of
$65,100; and fixed costs of $143,000.
If the company actually produces and sells 26,800 units, calculate the flexible budget income.
-Flexible Budget-
Flexible Budget at-
Variable Amount Total Fixed
per Unit
Cont
26,800 units
Sales
Variable costs
Contribution margin
S
0
Fixed costs
Income
21.700 units
$
S
0 $
0 S
0
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $455,700; variable costs of $65,100; and fixed costs of $143,000. If the company actually produces and sells 26,800 units, calculate the flexible budget income. -Flexible Budget- Flexible Budget at- Variable Amount Total Fixed per Unit Cont 26,800 units Sales Variable costs Contribution margin S 0 Fixed costs Income 21.700 units $ S 0 $ 0 S 0
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