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What am I doing wrong? I got the required #1 right with the variable cost at 117 and required #2 total fixed costs of 540,000.
What am I doing wrong? I got the required #1 right with the variable cost at 117 and required #2 total fixed costs of 540,000. Do I not take 10,000 under required # 3 and multiply it by 117 and then subtract the fixed costs? It keeps telling me that I am wrong. Please tell me how to figure this out. Thank you
Return to question 13 Exercise 21-3 Preparing flexible budgets LO P1 2.16 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following. points Fixed Budget $2,580,000 $276,000 516,000 324,000 76,000 1, 192,000 1,388,000 Sales (12,000 units X $215 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 108,000 180,000 100,000 388,000 126,000 96,000 66,000 76,000 364,000 636,000 $ MC (3) Compute the income from operations for sales volume of 10,000 units. (4) Compute the income from operations for sales volume of 14,000 units. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 10,000 units. Income from operations at sales of 10,000 units $ 2,780,000 Return to question (3) Compute the income from operations for sales volume of 10,000 units. (4) Compute the income from operations for sales volume of 14,000 units. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 14,000 units. Income from operations at sales of 14,000 units hits Required 3 Required 4 )Step by Step Solution
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