Question
Use the following data to prepare a flexible budget. Make sure to show the contribution margin. Budgeted Actual Number of units 5,000 6,000 Sales price
Use the following data to prepare a flexible budget. Make sure to show the contribution margin.
| Budgeted | Actual | |
| Number of units | 5,000 | 6,000 |
| Sales price (per unit) | $12.00 | $10.00 |
| Variable costs per unit: | ||
| Manufacturing | $6.00 | $7.00 |
| Selling and Administrative | $2.00 | $3.00 |
| Fixed costs per unit: | ||
| Manufacturing | $10,000 | $10,000 |
| Administrative | $5,000 | $6,000 |
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
