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Required information [The following information applies to the questions displayed below.] The fixed budget for 21,100 units of production shows sales of $485,300; variable costs
Required information [The following information applies to the questions displayed below.] The fixed budget for 21,100 units of production shows sales of $485,300; variable costs of $63,300; and fixed costs of $142,000. If the company actually produces and sells 27,700 units, calculate the flexible budget income. Flexible Budget at- -Flexible Budget- Variable Amount per Unit Total Fixed Cost 21,100 units 27,700 units Sales 485,300 + Variable costs (63,300) Contribution margin $ 422,000 $ 0 $ 0 Fixed costs (142,000) $ 0 $ 0 Income
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