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Q3. ABC Ltd. is preparing a budget for 2015. Following are the information related with budget preparation: (1.5 Mark) Budgeted selling price per unit =

Q3. ABC Ltd. is preparing a budget for 2015. Following are the information related with budget preparation: (1.5 Mark)

Budgeted selling price per unit = $150 per unit

Total fixed costs = $80,000

Variable costs = $50 per unit

Required:

Prepare flexible budget for 1,200, 1,400, 1,600 and 1,800 units.

Answer:

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