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Part 1 of 2 Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick
Part 1 of 2 Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,800 units for the year ending December 31. A flexible budget for 20,800 units of production reflects sales of $582,400; variable costs of $62,400; and fixed costs of $140,000. 1.11 points eBook QS 23-3 Flexible budget LO P1 000 Hint If the company instead expects to produce and sell 27,700 units for the year, calculate the expected level of income from operations. Print ------Flexible Budget at ----- -...Flexible Budget------ Variable Total Fixed Amount per Cost Unit 20,800 units 27,700 units Sales Variable cost Contribution margin Fixed costs Income from operations $ 0.00 CA 0 $ 0 CA 0 0 Part 2 of 2 Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,800 units for the year ending December 31. A flexible budget for 20,800 units of production reflects sales of $582,400; variable costs of $62,400; and fixed costs of $140,000. 7.11 polnts eBook QS 23-4 Flexible budget performance report LO P1 100 Hint Assume that actual sales for the year are $730,600 (27,700 units), actual variable costs for the year are $113,000, and actual fixed costs for the year are $137,000. Prepare a flexible budget performance report for the year. Print BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable! Unfavorable Sales Variable expenses Contribution margin Fixed expenses Income from operations 0 0 $ 0 $ 0
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