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Based on a predicted level of production and sales of 20,000 units, a company anticipates total variable costs of $96,000, fixed costs of $24,000, and
Based on a predicted level of production and sales of 20,000 units, a company anticipates total variable costs of $96,000, fixed costs of $24,000, and income of $33,200. Based on this information, the budgeted amount of variable costs for 17,000 units would be: Multiple Choice $81,600. $146,360. $57,200. $96,000. $24,000. A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the current period, unprocessed wheat was purchased for $260,000, and the following quantities of product and sales revenues were produced. Product Feed Flour Starch Total Sales Value $330,000 114,400 98,000 $ 542,400 How much of the $260,000 cost should be allocated to feed if the value basis is used? (Round your Intermediate percentage to the nearest whole percent.) Multiple Choice $260,000 $158,600 $200,000 $0. $330,000
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