Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The blue icon data table is below and included please view to enlarge it Kool's flexible budget follows. B (Click the icon to view the
The blue icon data table is below and included
please view to enlarge it
Kool's flexible budget follows. B (Click the icon to view the flexible budget.) 1. Using the data from the flexible budget, develop flexible budgets for four-and nine-pool levels of output. 2. Would Kool's managers use the flexible budgets you developed in Requirement 1 for planning or for controlling? What specific insights can Kool's managers gain from the flexible budgets you prepared in Requirement 1? 1. Develop flexible budgets for four- and nine-pool levels of output. (Use parentheses or a minus sign to report an operating loss.) Kool Pools Flexible Budget Month Ended June 30 Output Units (Pools Installed) 4 Pools 9 Pools Flexible Budget per Output Unit 16,000 7,000 $ Sales revenue Variable expenses Fixed expenses Total expenses Operating income (loss) Data Table x Kool Pools Flexible Budget Month Ended June 30 Output Units (Pools Installed) 11 5 8 80,000 $ 128,000 $ $ Flexible Budget per Output Unit Sales revenue $ 16,000 Variable expenses 7,000 Fixed expenses Total expenses Operating income Kool's relevant range is 0 to 11 pools. 35,000 45,000 80,000 56,000 45,000 101,000 27,000 $ 176,000 77,000 45,000 122,000 54,000 $ 0 $ Print Done 2. Would Kool's managers use the flexible budgets you developed in Requirement 1 for planning or for controlling? Because the 4-pool and 9-pool output levels are levels of sales, these flexible budgets are being developed the period to help Kool's managers What specific insights can Kool's managers gain from the flexible budgets you prepared in Requirement 1? (Enter the number of pools as a numerical number.) The flexible budget for pools signals the danger of a V. Kool managers should devote effort to ensure that kool sells pools Enter any number in the edit fields and then continue to the nextStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started