Q24

Ecam Questions 22-24 (of 34) (The following information applies to the questions displayed below] Phoenix Company's 2015 master budget included the following fixed budget report. It is based on an expected production and sales volume of 15.000 units. PHOENIX COMPAN Fixed Budget Report or Year Ended December 31, 2015 Sales $3.000,000 Cost of goods sold Direct materials Direct labor Machinery repairs (varioble cost) Deprecietion-piant equipment (stroight-line) Utilities ($45,000 is variable) Plant management salories S 975,000 225,000 60.000 300.000 195,000 200.000 1955,000 Gross proft Selling expenses 1045,000 Packaging Shipping Saies selary ffixed annual amount) 75.000 105.000 250,000 30.000 General and edministretive expenses Advertising expense Salories Entertainment expense 125.000 241000456.000 90.000 456,000 Income from operations $ 159.000 ) Type here to search 010