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Kevin Company prepared the following static budget for the year 2015: If a flexible budget was prepared at a volume of 6, 000, calculate the
Kevin Company prepared the following static budget for the year 2015: If a flexible budget was prepared at a volume of 6, 000, calculate the amount of operating income. A) $3, 500 B) $4, 000 C) $5, 000 D) $9, 000 Anthony Company's, highest point of total cost was $75, 000 in June. Their point of lowest cost was $50, 000 in December. The company makes a single product. Production volume in June was 13, 000 units: production volume in December was 8, 000 units. What is the variable cost per unit? A) $577 per unit B) $500 per unit C) $9.38 per unit D) $6.25 per unit Calico Company has prepared the following sales budget: Cost of goods hold is budgeted at 60% of sales and the inventory at the end of February was 136, 000. Desired inventory levels at the end of each month are 20% of the next month's cost goods sold. What is the desired beginning inventory on June 1? A) $26, 400 B) $52, 000 C) $43, 200 D) $31, 200 Which of the following statements is true of the behavior of total fixed costs, within the relevant tenet? A) They will increase as production decreases. B) They will decrease as production increases. C) They will remain the same as production levels change. D) They will decrease as production decreases
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