FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on a predicted level of production and sales of 15,000 units, a company anticipates total variable costs of $48,000, fixed costs of $21,000, and

image text in transcribed

Based on a predicted level of production and sales of 15,000 units, a company anticipates total variable costs of $48,000, fixed costs of $21,000, and operating income of $51,600. Based on this information, the budgeted amount of variable costs for 12,000 units would be: 176 Multiple Choice Skipped $159,120. $72,600. $21,000. $48,000. $38,400

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Practical Introduction

Financial Accounting A Practical Introduction

Authors: Ilias Basioudis

1st Edition

0273714295, 978-0273714293

More Books

Students also viewed these Accounting questions

Question

★★★★★
What are the four assumptions (or preconditions) of establishing layout for high-volume, low-variety pro ducts?

Answered: 1 week ago

Question

★★★★★
12 D E F G H Presented below is information related to Meghani Company. Date Ending 3 (End-of-Year) Inventory (FIFO) Price Index 456982 2022 $100,000 100 2023 229,000 103 2024 218,658 110 7 2025...

Answered: 1 week ago

Question

★★★★★
Determine the sample size required for a large sample 95% confidence interval for a population proportion when (a) ???? = 0.35 and the desired margin of error is ???????? = 0.04. (b) ???? = 0.75 and...

Answered: 1 week ago

Question

★★★★★
Use discriminant analysis to classify the new data in the Excel file Credit Approval Decisions Coded using only credit score and years of credit history as input variables.

Answered: 1 week ago

Question

★★★★★
Apocalyptica Corp. pays a constant $2.32 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying dividends forever. If the required return on...

Answered: 1 week ago

Question

★★★★★
The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service: Projected sales $18 million Operating costs (not...

Answered: 1 week ago

Question

★★★★★
On the way to work, Anjali reallzed her car was overheating, so she immedlately pulled into a service station to have the problem fixed. Anjali's buying process for the car repair was Influenced by...

Answered: 1 week ago

Question

★★★★★
Frank, a bank teller, is told by the head teller that rapid service is an absolute must from this point forward. However, the bank's community relation's director instructs all employees to focus...

Answered: 1 week ago

Question

★★★★★
The light right-angle boom which supports the 590-kg cylinder is supported by three cables and a ball-and-socket joint at O attached to the vertical x-y surface. Determine the reactions at O and the...

Answered: 1 week ago

Question

★★★★★
Jones Day Care is a Not-For-Profit organization that provides day services for children with disabilities. The following contributions (and expenses) were received by Jones Day Care during the year...

Answered: 1 week ago

Question

★★★★★
1. Print the top 3 rows. 2. Print the column names. 3. Sort data by Edition (year) in descending order and show the top 10 rows. 4. Select the columns of Edition and Athlete for Women 100m freestyle...

Answered: 1 week ago

Question

★★★★★
What type of job evaluation method would you use in a company with 15 employees? Why?

Answered: 1 week ago

Question

★★★★★
Why do you think most employers opt for the home-based salary plan?

Answered: 1 week ago

Question

★★★★★
Build on the companys new system by recommending two more specific career development activities the hotel should implement.

Answered: 1 week ago

Previous Question Next Question