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Can you please show me the steps to get the correct answer(not in red)? Thank you The actual information pertains to the month of August.
Can you please show me the steps to get the correct answer(not in red)? Thank you
The actual information pertains to the month of August. As part of the budgeting process, Alloway's Fencing Company developed the following static budget for August. Alloway is in the process of preparing the flexible budget and understanding the results. Flexible budget Static Budget 6.000 336,000 Actual Results Sales Volume 8.500 in units) Sales $348,500 Revenue Direct $67.300 materials Direct labor 97,400 VMOH 41,800 Fixed Costs 56,500 Operating income 67,200 100,800 42,000 58.000 68,000 What is flexible budget income? You Answered 45.210 Correct Answer 120.500Step by Step Solution
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