1What is the flexible budget net income at 100,000 units?

2What is the flexible budget net income at 110,000 units?

PB12. DO 7.4 Before the year began, the following static budget was developed for the estimated sales of 50,000. Sales are higher than expected and management needs to revise its budget. Prepare a flexible budget for 100,000 and 110,000 units of sales. Sales 50,000 units Cost of goods sold $1,250,000 Direct material 450,000 Direct labor 500,000 Variable manufacturing overhead 125,000 Fixed manufacturing overhead 32,000 Cost of goods sold $1,107,000 Gross profit $ 143,000 Variable sales and administration expenses 50,000 Fixed sales and administration expenses 105,000 Income before taxes (12,000) Taxes (1,800) Net income 10.200)