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SM8-2 (similar to) Question Help Woje, Inc. manufactures travel locks. The budgeted selling price is $18 per lock, the variable cost is $8 per lock,

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SM8-2 (similar to) Question Help Woje, Inc. manufactures travel locks. The budgeted selling price is $18 per lock, the variable cost is $8 per lock, and budgeted fixed costs are $12,000 per month. Prepare a flexible budget for output levels of 8,000 locks and 9,000 locks for the month ended April 30, 2024. Woje, Inc. Flexible Budget For the Month Ended April 30, 2024 Budget Amounts Per Unit Units 8,000 9,000 Sales Revenue 18 144000 162000 Variable Costs 8 64000 72000 Contribution Margin 64000 72000 Fixed Costs 12000 12000 68000 Operating Income 78000

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