Question
ActualFlexibleStatic Results Budget Budget Sales volume (in units) 12,000 15,000 Sales revenues$600,000$$750,000 Variable costs 264,000 $ ________ 332,400 Contribution margin336,000$417,600 Fixed costs 276,600 $ ________
ActualFlexibleStatic
ResultsBudgetBudget
Sales volume (in units)12,00015,000
Sales revenues$600,000$$750,000
Variable costs264,000$ ________332,400
Contribution margin336,000$417,600
Fixed costs276,600$ ________270,200
Operating profit$59,400$ $147,400
The flexible budget will report ________ for variable costs.
A) $265,920
B) $332,400
C) $330,000
D) $415,500
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
