Question
The fixed budget for 20,900 units of production shows sales of $522,500; variable costs of $62,700; and fixed costs of $141,000. If the company actually
The fixed budget for 20,900 units of production shows sales of $522,500; variable costs of $62,700; and fixed costs of $141,000.
If the company actually produces and sells 27,200 units, calculate the flexible budget income.
| ------Flexible Budget------ | ------Flexible Budget at ------ | |||
| Variable Amount per Unit | Total Fixed Cost | 20,900 units | 27,200 units | |
| Sales | ||||
| Variable cost | ||||
| Contribution margin | $0 | $0 | $0 | |
| Fixed costs | ||||
| Income | $0 | $0 | ||
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
5th Edition
0273651560, 978-0273651567
