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[The following information applies to the questions displayed below) Pebco Company's 2011 master budget Included the following fixed budget report. It is based on an

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[The following information applies to the questions displayed below) Pebco Company's 2011 master budget Included the following fixed budget report. It is based on an expected production and sales volume of 20,000 units. $3,000,000 PEBCO COMPANY Fixed Budget Report For Year Ended December 31, 2011 Sales Cost of goods sold Direct materials $ 1,200,000 Direct labor 260,000 Machinery repairs (variable cost) 57.000 Depreciation-plant equipment 250,000 Utilities ($50,000 is variable) 200,000 Plant management salaries 140,000 2,107,000 893,000 Gross profit Selling expenses Packaging Shipping Sales salary(fixed annual amount) 80,000 116.000 160,000 356,000 General and administrative expenses Advertising expense Salaries Entertainment expense 81,000 241,000 90,000 412,000 Income from operations $ 125,000 1. Classify all items listed in the fixed budget as variable or fixed. Also determine their amounts per unit or their amounts for the year, as appropriate. (Round your variable amount answers to 2 decimal places. Omit the "$" sign in your response.) Amount Variable or Fixed Classification Variable sales (Click to select) Variable costs (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Total variable costs Fixed costs (Click to select) (Click to select) (Click to select) Click to select) (Click to select) Click to select) Click to select) GOOOO Total fixed costs PEBCO COMPANY Flexible Budgets For Year Ended December 31, 2011 Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for Unit Sales of 18,000 Flexible Budget for Unit Sales of 24,000 (Click to select) Variable costs (Click to select) (Click to select) (Click to select) co (Click to select) (Click to select) (Click to select) Total variable costs (Click to select) Fixed costs (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Click to select) Total fixed costs Income from operations

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