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A company planned to produce 20,000 products in April. The companys accountants estimated that the total fixed costs would be $370,000 and total variable costs
- A company planned to produce 20,000 products in April. The companys accountants estimated that the total fixed costs would be $370,000 and total variable costs would be $660,000. At the end of April, the company found out it only produced 12,700 products. The management team asks the accountants to create a flexible budget that reflect the actual production level of the firm. How much is the total manufacturing cost in the flexible budget?
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Introduction To Financial Accounting
Authors: Anne Marie Ward, Andrew Thomas
7th edition
77138449, 978-0077132682, 77132688, 978-0077138448
