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Stafford Company prepared a static budget for a production and sales volume of 10,000 units. Per unit standards Static Budget $ 10,000 $650,000 $65.00 $11.00
Stafford Company prepared a static budget for a production and sales volume of 10,000 units. Per unit standards Static Budget $ 10,000 $650,000 $65.00 $11.00 $ 9.00 $ 4.20 110,000 90,000 42,000 Number of units Sales revenue Variable manufacturing costs: Materials Labor Overhead Variable general, selling, and administrative costs Contribution margin Fixed costs Manufacturing overhead General, selling, and administrative costs Net income $11.00 110,000 $298,000 100, 800 45,000 $152,200 What is net income if 9,000 units are sold? o $152,100 o $152,400 o $137,300 o $122,400
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