Calculate the rolling budget (continuous budget) based on the below and find the operating profit Realized budget
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Calculate the rolling budget (continuous budget) based on the below and find the operating profit
Realized budget
Sales pcs: 10000
sales revenue: 500000
variable costs: 292798
margin: 207202
fixed costs: 229000
operating profit: -21798
Fixed budget
Sales pcs: 13500
Sales revenue: 650000
Variable costs: 288768
Contribution margin: 361232
Fixed costs: 225000
Operating profit: 136232
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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