Homework (graded) SA Help Save & Exit Submit Check my work Phoenix Company's 2019 master budget included the following budget report. It is based on an expected production and sales volume of 15,000 unite PHOENIX COMPANY Fixed Budget Report For Year Ended December 31, 2019 Sales $3,150,000 Cost of goods sold Direct materials $930, eee Direct labor 240, eee Machinery repairs (variable cost) 60,000 Depreciation-Plant equipment (straight- 315,000 line) Utilities ($45,000 is variable) 210,000 Plant management salaries 2ee, een 1,955,000 Gross profit 1,195, eee Selling expenses Packaging 90, eee Shipping 90, eee 337 PM 11/21/2020 1 BE @ F 3 Homework (graded) Soud Help Save & Exit Submit Check my work 240 A OUTUBE 315,000 210,000 200,000 1,955,000 1,195,000 Direct labor Machinery repairs (variable cost) Depreciation-Plant equipment (straight- line) Utilities ($45,000 is variable) Plant management salaries Gross profit Selling expenses Packaging Shipping Sales salary (fixed annual amount) General and administrative expenses Advertising expense Salaries Entertainment expense Income from operations 90, eee 90, eee 235, eee 415,000 125, eee 241,000 85, eee 451,000 $ 329,000 CE 5 6 of 8 13 8:37 PM 11/21/2009 i OS Chapter 23 Homework (graded) Sed Help Save & Exit Submit Check my work 5 Required: 182. Prepare flexible budgets for the company at sales volumes of 14,000 and 16,000 units and classily all items listed in the fixed budget as variable or fixed. Part 1 of 3 125 points PHOENIX COMPANY Flexible Budgets For Year Ended December 31, 2019 Flexible Budget Variable Amount Total Fixed Cost eBook Flexible fudget for Units Sales Unt Sales of of 14.000 16.000 per Unit Print References Variable costs MC Graw 3:37 PM 11/24/2020 HD Type here to se o Help Save & Exit Submit Check my work View 5 Required information Part 1 of 3 125 Joints 0.00 0 eBook Fixed costs Pant References 5 of 8 !!! 0 MPM 1121200 11 Type here to se 26 ter 23 Homework (graded) SON Help Save Exit Submit Check my work Required information of 3 Foxed costs OOK int encer $ os 05 0 of 8 D BM 1220 BI here to Homework (graded) SA Help Save & Exit Submit Check my work Phoenix Company's 2019 master budget included the following budget report. It is based on an expected production and sales volume of 15,000 unite PHOENIX COMPANY Fixed Budget Report For Year Ended December 31, 2019 Sales $3,150,000 Cost of goods sold Direct materials $930, eee Direct labor 240, eee Machinery repairs (variable cost) 60,000 Depreciation-Plant equipment (straight- 315,000 line) Utilities ($45,000 is variable) 210,000 Plant management salaries 2ee, een 1,955,000 Gross profit 1,195, eee Selling expenses Packaging 90, eee Shipping 90, eee 337 PM 11/21/2020 1 BE @ F 3 Homework (graded) Soud Help Save & Exit Submit Check my work 240 A OUTUBE 315,000 210,000 200,000 1,955,000 1,195,000 Direct labor Machinery repairs (variable cost) Depreciation-Plant equipment (straight- line) Utilities ($45,000 is variable) Plant management salaries Gross profit Selling expenses Packaging Shipping Sales salary (fixed annual amount) General and administrative expenses Advertising expense Salaries Entertainment expense Income from operations 90, eee 90, eee 235, eee 415,000 125, eee 241,000 85, eee 451,000 $ 329,000 CE 5 6 of 8 13 8:37 PM 11/21/2009 i OS Chapter 23 Homework (graded) Sed Help Save & Exit Submit Check my work 5 Required: 182. Prepare flexible budgets for the company at sales volumes of 14,000 and 16,000 units and classily all items listed in the fixed budget as variable or fixed. Part 1 of 3 125 points PHOENIX COMPANY Flexible Budgets For Year Ended December 31, 2019 Flexible Budget Variable Amount Total Fixed Cost eBook Flexible fudget for Units Sales Unt Sales of of 14.000 16.000 per Unit Print References Variable costs MC Graw 3:37 PM 11/24/2020 HD Type here to se o Help Save & Exit Submit Check my work View 5 Required information Part 1 of 3 125 Joints 0.00 0 eBook Fixed costs Pant References 5 of 8 !!! 0 MPM 1121200 11 Type here to se 26 ter 23 Homework (graded) SON Help Save Exit Submit Check my work Required information of 3 Foxed costs OOK int encer $ os 05 0 of 8 D BM 1220 BI here to
