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! Required information [The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $651,000; variable
! Required information [The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $651,000; variable costs of $65,100; and fixed costs of $141,000. If the company actually produces and sells 26,700 units, calculate the flexible budget income. X Answer is complete but not entirely correct. ------Flexible Budget--..-- ------Flexible Budget at --..-- Variable Amount per Total Fixed 21,700 units 26,700 Unit Cost units Sales V 26 X $ 538,200 X $ 722,800 X Variable costs 3 v 62, 100 X 83,400 X Contribution margin S 23 $ 476, 100 $ 639,400 Fixed costs V $ 141,000 141,000 141,000 Income $ 335, 100 $ 498,400
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