Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget for 20,600 units of production reflects sales of $494,400; variable costs of $61,800; and fixed costs of $142,000, If the company instead expects to produce and sell 26,000 units for the year, calculate the expected level of income from operations. -Flexible Budget Flexible Budget at ----- Variable Amount Total Fixed per Unit 26,000 units Cost $ 24.00 + Sales Variable cost 3.00 Contribution margin S 21.00 $ Fixed costs 0 Income from operations $ 20,600 units $ $ 0 0 0 0 Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget for 20,600 units of production reflects sales of $494,400; variable costs of $61,800; and fixed costs of $142,000, If the company instead expects to produce and sell 26,000 units for the year, calculate the expected level of income from operations. -Flexible Budget Flexible Budget at ----- Variable Amount Total Fixed per Unit 26,000 units Cost $ 24.00 + Sales Variable cost 3.00 Contribution margin S 21.00 $ Fixed costs 0 Income from operations $ 20,600 units $ $ 0 0 0 0
Expert Answer:
Answer rating: 100% (QA)
Sales Variable cost Contribution margin Fixed costs Income from ... View the full answer
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
Students also viewed these accounting questions
-
The Northern Company installed a new inventory management system at the beginning of Year 1. Shown below are data from the company's accounting records as reported by the new system: Year 2 Year 1...
-
The following details are available from XY company, calculate Cash flow from Operating Activities: LIABILITIES Share capital Debentures Reserve for doubtful debts Trade creditors Profit and Loss A/c...
-
A heating section consists of a 10 inch diameter duct which houses a 8 kW electric resistance heater. Air enters the heating section at 14.7 psia, 40oF and 35% relative humidity at a velocity of 21...
-
For the knuckle joint described in Prob. 340, assume the maximum allowable tensile stress in the pin is 30 kpsi and the maximum allowable shearing stress in the pin is 15 kpsi. Use the model shown in...
-
Boehm Corporation has had stable earnings growth of 8% a year for the past 10 years and in 2016 Boehm paid dividends of $2.6 million on net income of $9.8 million. However, in 2017 earnings are...
-
The CEO of Evans \& Sons, Inc., negotiated with its principal supplier of raw materials to purchase 10,000 units for a total price of \(\$ 100,000\). The units are to be delivered in 90 days. The CEO...
-
Management of Sundown Rent-a-Car has decided that perhaps the cost during the six-month period is not the appropriate cost to minimize because the agency may still be obligated to additional months...
-
If I start with $ 3 0 , 0 0 0 in my 4 0 1 K and am able to save $ 2 7 , 0 0 0 a year for 2 0 years and invest it in a 4 0 1 K earning me 6 % interest, what would my yearly totals be and the total...
-
Recently, Google announced that it was offering Google Consumer Surveys ( www.google.com/insights/consumersurvey ) to anyone wanting to do marketing research. Google says that the service is for...
-
An electric vehicle takes 8 hours to charge at 7 kW from the grid. Assume the battery SOC goes from 20 to 80 % during this time and the battery is 99% efficient during charging. The battery is made...
-
An arrow is shot from a height of 1 . 3 m toward a cliff towering above. It is shot with a velocity of 2 7 m / s at an angle of 5 8 degrees above the horizontal. It lands on the top edge of the cliff...
-
You own a comedy club and have a show planned for this coming Saturday night. The projected financial information is below: Ticket sales:300 tickets (capacity is 700) Ticket price: $34 per ticket...
-
Why ethics is a fundamental business concept Accounting is an information system that identifies, records, and communicates the economic events of an organization to interested users. Because of the...
-
2. Consider a map f: ZN being determined by: 2-1 when = (0, +) I f(x) = { -2.r when == 2 (-0,0] Prove f is a bijection, find f. Can we conclude that N < < Z?
-
A baseball hits a car, breaking its window and triggering its alarm which sounds at a frequency of 1 1 7 0 Hz . What frequency ( in Hz ) is heard by a boy on a bicycle riding away from the car at 8 ....
-
1.Provide an overview of how REGRESSION analysis was used at the HBAT Paper Company. 2.Discuss and provide a summary of the results from the HBAT REGRESSION analysis.
-
During the month, services performed for customers on account amounted to $7,500 and collections from customers in payment of their accounts totaled $6,000. At the end of the month, the Accounts...
-
Rose Company had no short- term investments prior to year 2013. It had the following transactions involving short-term investments in available-for-sale securities during 2013. Apr. 16 Purchased...
-
Piaggio, Polaris, and Arctic Cat are competitors in the global marketplace. Following are selected data from each company. Required 1. Compute Piaggios return on total assets, and its components of...
-
Shamara Systems most recently reconciled its bank balance on April 30 and reported two checks outstanding at that time, No. 1771 for $ 781 and No. 1780 for $ 1,425.90. The following information is...
-
Dowload data set WomenWage.csv from the book's website. This data set is a tidied-up version of the women's wages data set from [91]. The first column of the data (hours) is the response variable...
-
Let \(\mathbf{P}\) be a projection matrix. Show that the diagonal elements of \(\mathbf{P}\) all lie in the interval \([0,1]\). In particular, for \(\mathbf{P}=\mathbf{X X}^{+}\)in Theorem 5.1, the...
-
Consider the linear model \(\boldsymbol{Y}=\mathbf{X} \boldsymbol{\beta}+\varepsilon\) in (5.8), with \(\mathbf{X}\) being the \(n \times p\) model matrix and \(\boldsymbol{\varepsilon}\) having...
Study smarter with the SolutionInn App