FLEXIBLE BUDGET The Static Budget for Summer Corp. for the month of May was based on a volume of 40,000 units with sales of $400,000, variable expenses in the amount of $300,000 and fixed costs of $50,000 Calculate the operating Income for the month of May when actual volume sold was 50,000 units. Question A-7B actual sales and production was 50,000 units (as per the flexible budget) and ACTUAL variable costs totaled $325,000, did management do a good job at controlling costs? wah - BIELE 16 Calculate the operating Income for the month of May when actual volume sold was 50,000 units. Sorg it get For the month of May calculations -CM TC OPERATING INCOME Question #A-7B It actual sales and production was 50,000 units (as per the flexible budget) and ACTUAL variable costs totaled $325,000 did management do a good job at controlling costs? MacBook Air ODD BO DODF4 15 * $ 4 % 5 & 7 3 6 8