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Question #A-5 If Manik Corporation sold 49,500 units, calculate the Net Income or Net Loss. Question #A-6 If the Variable costs increased to $62 per
Question #A-5 If Manik Corporation sold 49,500 units, calculate the Net Income or Net Loss. Question #A-6 If the Variable costs increased to $62 per unit, would the breakeven number of units increase or decrease? Question #A-7A FLEXIBLE BUDGET The Static Budget for Summer Corp. for the month of May was based on a volume of 40,000 units with sales of $400,000, variable expenses in the amount of $300,000 and fixed costs of $50,000. Calculate the operating Income for the month of May when actual volume sold was 50,000 units. Question #A-7B If actual sales and production was 50,000 units (as per the flexible budget) and ACTUAL variable costs totaled $325,000, did management do a good job at controlling costs? Use the following information to answer each of the following independent questions. Manik Corporation is predicting the following revenues and expenses for the upcoming year (2022): Fixed Costs $1,000,000 Selling Price per Unit $80.00 Variable Cost per Unit $60.00
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