Chapter 23 Operational Budgeting Outdoor Outfitters has created a flexible budget for the 70,000-unit and the 80,000-unit levels of activity as shown below dget 70,000 Units 80,000 Units 90,000 Units Cost of goods sold 840,000 90,0 Operating expenses ($90,000 fixed) . .. Operating income .. Income taxes (30% of operating income) . . . . . . 410,000 .190,000 230,000s 57,000 69,000 $ 133,000 161,000 Complete Outdoor Outfitters's flexible budget at the 90,000-unit level of activity the cost of goods sold and variable operating expenses vary directly with sales and that taxes remain at 30 percent of operating income. Assume that income it level of activity. A The cost accountant for Upload Games Company prepared the following monthl report relating to the Packaging Department: ing Chapter 23 Operational Budgeting Outdoor Outfitters has created a flexible budget for the 70,000-unit and the 80,000-unit levels of activity as shown below dget 70,000 Units 80,000 Units 90,000 Units Cost of goods sold 840,000 90,0 Operating expenses ($90,000 fixed) . .. Operating income .. Income taxes (30% of operating income) . . . . . . 410,000 .190,000 230,000s 57,000 69,000 $ 133,000 161,000 Complete Outdoor Outfitters's flexible budget at the 90,000-unit level of activity the cost of goods sold and variable operating expenses vary directly with sales and that taxes remain at 30 percent of operating income. Assume that income it level of activity. A The cost accountant for Upload Games Company prepared the following monthl report relating to the Packaging Department: ing