Amanda Manufacturing Company prepared the following static budget income statement: Revenues $ 140,250.00 Variable Costs (85,250.00) Contribution Margin 55,000.00 Fixed Costs (32,000.00) Net Income $ 23,000.00 The budgeted costs were based on a planned sales volume of 5,500 units. Actual production was 6,100 units. 

What  would have been the amount of net income based on a flexible budget of 6,100 units?

Answer rating: 100% (QA)

To calculate the net income based on a flexible budget of 6100 un... View the full answer