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Hayden Corporation provides you with the following information for the month of June: Required Prepare a flexible budget for Hayden

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Hayden Corporation provides you with the following information for the month of June:


Hayden Corporation provides you with the following information f


Required
Prepare a flexible budget for Hayden Corporation forJune.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Actual (based on actual sales of 21,000 units) Master Budget (based on budgeted sales of 20,000 units) $1,155,000 $1,200,000 Sales revenues Less Variable costs Direct material. Direct labor Variable overhead Marketing Administration 4 147,000 136,500 158,500 51,000 120,000 160,000 160,000 50,000 4 Total variable costs Contribution margin . . . S615,000 S 660,000 Fixed costs Manufacturing. . Marketing - Administration. 256,000 57,000 203.000 250,000 50,000 $ 200,000 $ 500,000 $ 160,000 . Total fixed costs. $ 99,000

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Flexible Budget a Calculations Sales revenue 1 260 000 1 200 000 …View the full answer


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Related Book For  answer-question
Fundamentals of Cost Accounting

Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Details
Chapter # 16
Section: Review Questions
Problem: 46
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Question Posted: April 26, 2012 04:35:54
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