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Required information [The following information applies to the questions displayed below.] The fixed budget for 21,300 units of production shows sales of $617,700; variable
Required information [The following information applies to the questions displayed below.] The fixed budget for 21,300 units of production shows sales of $617,700; variable costs of $63,900; and fixed costs of $141,000. If the company actually produces and sells 27,900 units, calculate the flexible budget income. ------Flexible Budget------ ------Flexible Budget at Variable Amount Total Fixed per Unit Cost 21,300 units 27,900 units Sales 22 Variable costs 3 Contribution margin $ 19 $ 0 $ 0 Fixed costs Income $ 0 $ 0
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