Question: A fixed budget for 6 1 , 0 0 0 units of production shows $ 9 8 , 8 2 0 of sales, $ 7

A fixed budget for 61,000 units of production shows $98,820 of sales, $73,810 of variable costs, and $27,010 of fixed costs.
Compute the flexible budget income if the company actually produces and sells 71,000 units.
\table[[,\table[[Variable],[Amount per],[Unit]],\table[[Total Fixed],[Cost]],\table[[Flexible Budget],[for 71,000 Unit],[Sales]]],[{
\table[[Variable costs],[Contribution marain]]}],[],[Contribution margin,0.00,,$
 A fixed budget for 61,000 units of production shows $98,820 of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!