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Malmo, Inc. manufactures travel locks. The budgeted selling price is $17 per lock, the variable cost is $13 per lock, and budgeted fixed costs are

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Malmo, Inc. manufactures travel locks. The budgeted selling price is $17 per lock, the variable cost is $13 per lock, and budgeted fixed costs are $11,000 per month. Prepare a flexible budget for output levels of 8,000 locks and 10,000 locks for the month ended April 30, 2018. Malmo, Inc. Flexible Budget For the Month Ended April 30, 2018 Budget Amounts Per Unit Units 8,00010,000 Sales Revenue Variable Costs Contribution Margin Fixed Costs 17 170000 130000 187000 13 Operating Income from any list or enter any number in the input fields and then continue to the next

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