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Required information [The following information applies to the questions displayed below.] The fixed budget for 20,800 units of production shows sales of $540,800; variable costs
Required information [The following information applies to the questions displayed below.] The fixed budget for 20,800 units of production shows sales of $540,800; variable costs of $62,400; and fixed costs of $142,000. If the company actually produces and sells 27,200 units, calculate the flexible budget income. ------Flexible Budget------ Sales Variable costs Contribution margin Fixed costs Income --Flexible Budget at - Variable Amount per Unit Total Fixed Cost 20,800 units 27,200 units 26 3 23 $ 0 0 $ 0 $ 0
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