Question 23 (4 points) Tyler Company has the following information pertaining to its two product lines for last year. Variable selling and admin. expenses Direct fixed expenses Sales Direct fixed selling and admin, expenses Vanable expenses Operating income Product All Product E $38,000 $31.000 19,300 34,500 250,000 210,000 38,000 22,000 42,000 $112,500 $91,500 31,000 Common expenses are $105,000 for the year. What is the income for Tyler Company? $120,500 $99,000 $102,500 S101,000 Question 24 (4 points) The main concem when managers are considering the optimal product mix 133 Question 24 (4 points) The main concern when managers are considering the optimal product mix is. minimizing costs. maximizing revenue maximizing profit. minimizing profit Question 25 (4 points) Which of the following is the most common starting point in the information gathering process for budgeting? The sales forecast The projected income statement The personnel forecast C. The production forecast Question 26 (4 points) 138% AL Question 26 (4 points) A company requires 220 pounds of plastic to meet the production needs of a product. It currently has 25 pounds of plastic inventory. The desired ending inventory of plastic is 70 pounds. How many pounds of plastic should be budgeted for purchasing during the coming period? 265 pounds 290 pounds 245 pounds 195 pounds