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Q4. A company is planning to prepare a budget for the year 2017 and provides you with the following information regarding the preparation of the

Q4. A company is planning to prepare a budget for the year 2017 and provides you with the following information regarding the preparation of the budget: (4 Marks)

Particulars

Amount

Budgeted selling price per unit

$650 per unit

Total fixed costs

$155,000

Variable costs

$175 per unit

You are required to prepare a flexible budget for 500, 600, 700, and 800 units.

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