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Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,100 units for the year ending December 31. A
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $582,900; variable costs of $60,300; and fixed costs of $142,000. If the company instead expects to produce and sell 26,600 units for the year, calculate the expected level of income from operations. ------Flexible Budget------ Variable Amount per ------Flexible Budget at Total Fixed 20,100 units 26,600 units Cost Contribution margin Unit Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $582,900; variable costs of $60,300; and fixed costs of $142,000. Assume that actual sales for the year are $728,400 (26,600 units), actual variable costs for the year are $113,200, and actual fixed costs for the year are $133,000. Prepare a flexible budget performance report for the year. Contribution margin BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable/ Unfavorable
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