Chapter 21

1- A company's flexible budget for 15,000 units of production showed sales, $75,000; variable costs, $52,500; and fixed costs, $12,000. The sales expected if the company produces and sells 20,000 units is(Do not round intermediate calculations):

2- A company's flexible budget for 24,000 units of production showed sales, $93,600; variable costs, $31,200; and fixed costs, $14,000. The variable costs expected if the company produces and sells 14,000 units is:

3-A company's flexible budget for 21,000 units of production showed sales, $96,600; variable costs, $27,300; and fixed costs, $24,000. The variable costs expected if the company produces and sells 24,000 units is:

4-A company's flexible budget for 10,000 units of production showed sales, $56,000; variable costs, $24,000; and fixed costs, $16,000. The contribution margin expected if the company produces and sells 16,000 units is:

5-A company's flexible budget for 14,000 units of production showed sales, $47,600; variable costs, $15,400; and fixed costs, $24,000. The contribution margin expected if the company produces and sells 24,000 units is:

6-A company's flexible budget for 22,000 units of production showed sales, $103,400; variable costs, $28,600; and fixed costs, $28,000. The fixed costs expected if the company produces and sells 28,000 units is:

7-A company's flexible budget for 19,000 units of production showed sales, $81,700; variable costs, $30,400; and fixed costs, $12,000. The operating income expected if the company produces and sells 12,000 units is:

8-A company's flexible budget for 24,000 units of production showed total contribution margin of $93,600 and fixed costs, $31,200. The operating income expected if the company produces and sells 29,000 units is:

9-Based on predicted production of 19,000 units, a company anticipates $304,000 of fixed costs and $261,250 of variable costs. The flexible budget amounts of fixed and variable costs for 17,000 units are(Do not round intermediate calculations):

10-Product A has a sales price of $13 per unit. Based on a 13,000-unit production level, the variable costs are $8 per unit and the fixed costs are $3 per unit. Using a flexible budget for 15,500 units, what is the budgeted operating income from Product A?