Office Plus sells its main product, ergonomic mouse pads, for $ 12 each. Its variable cost is
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Office Plus sells its main product, ergonomic mouse pads, for $ 12 each. Its variable cost is $ 5.20 per pad. Fixed costs are $ 205,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly fixed costs are $ 280,000. Prepare a monthly flexible budget for the product, showing sales revenue, variable costs, fixed costs, and operating income for volume levels of 45,000, 55,000, and 75,000 pads.
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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