Question
Based on a predicted level of production and sales of 10,000 units, a company anticipates reporting operating income of $22,000 after deducting variable costs of
Based on a predicted level of production and sales of 10,000 units, a company anticipates reporting operating income of $22,000 after deducting variable costs of $60,000 and fixed costs of $8,000.Based on this information, the budgeted amounts of fixed and variable costs for 13,000 units would be: $8,000 of fixed costs and $60,000 of variable costs. $10,400 of fixed costs and $78,000 of variable costs. $8,000 of fixed costs and $78,000 of variable costs. $8,000 of fixed costs and $69,000 of variable costs. $10,400 of fixed costs and $60,000 of variable costs.
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