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QS 23-2 (Algo) Flexible budget cost calculations LO P1 Based on predicted production of 24,200 units, a company budgets $390,000 of fixed costs and $459,800

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QS 23-2 (Algo) Flexible budget cost calculations LO P1 Based on predicted production of 24,200 units, a company budgets $390,000 of fixed costs and $459,800 of variable costs. If the company actually produces 19,800 units, what are the flexible budget amounts of fixed and variable costs? ----Flexiblo Budget .....Flexible Budget at - Variable Amount Total Fixed 24,200 units 19,800 units per Unit Cost $ 390,000 $ 390,000 $ 390,000 459,800 19,800 $ 849,800 $ 409,800 Fixed costs Variable cost Total budgeted costs Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below) The fixed budget for 20,100 units of production shows sales of $522,600; variable costs of $60,300; and fixed costs of $142,000 QS 23-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 26,500 units, calculate the flexible budget Income, Flexible Budget.... Flexible Budget at Variable Amount Total Fixed 20,100 units 26,500 units Cost per Unit Contribution margin Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below) The fixed budget for 20,100 units of production shows sales of $522,600; variable costs of $60,300; and fixed costs of $142,000 QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,500 units at $642,000. Actual variable costs were $113,500 and actual fixed costs were $135,000. Prepare a flexible budget performance report Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable/ Unfavorable ces Contribution margin

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