Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Zenefit Corporation sold laser pointers for $11 each in 2017. Its budgeted selling price was $12 per unit. Other information related to its performance is

image text in transcribed
image text in transcribed
Zenefit Corporation sold laser pointers for $11 each in 2017. Its budgeted selling price was $12 per unit. Other information related to its performance is given below Actual Budgeted Units made and sold 28,000 27.500 Variable costs $ 90.000 $3 per unit Fixed costs $ 55.000 $ 58.000 Calculato Zenefits flexible budget for (a) revenues. (b) varinble costs, (e) fixed conto, and (d) operating income. Calculate Zonefis flexible budget for (a) revenues. Begin by determining the formula and then solve for the amount Actual units sold Flexible budget for revenues 28.000 12 336,000 Calculate Zenelit's flexible budget for (b) variable costs. Begin by determining the formula and then solve for the amount Flexible budget for variable conte 28.000 3 4,000 x Calculate Zeneli's flexible budget for (c) fixed costs Zonet's flexible budget for food costs is 5 58.000 Choose from any list or enter any number in the input fields and then continue to the next question Calculate Zenefit's flexible budget for (e) fixed costs. Zenefit's flexible budget for fixed costs is $ 58,000 Calculate Zenefit's flexible budget for (d) operating income. Begin by determining the formula and then solve for the amount. (Abbreviations used: rev. Flexible budget for operating income 194,000 Choose from any list or enter any number in the input fields and then continue to the next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Stacey Whitecotton

1st Edition

0697799271, 978-0697799272

More Books

Students also viewed these Accounting questions