Question
Calculate the rolling budget (continuous budget) based on the below and find the operating profit Realized budget Sales pcs: 10000 sales revenue: 500000 variable costs:
Calculate the rolling budget (continuous budget) based on the below and find the operating profit
Realized budget
Sales pcs: 10000
sales revenue: 500000
variable costs: 292798
margin: 207202
fixed costs: 229000
operating profit: -21798
Fixed budget
Sales pcs: 13500
Sales revenue: 650000
Variable costs: 288768
Contribution margin: 361232
Fixed costs: 225000
Operating profit: 136232
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the rolling budget based on the realized budget and the fixed budget we need to adjust ...
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Step: 2
Step: 3
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
