If a company's master budget for the sale of 12,000 units showes a per unit contribution margin

Fantastic news! We've Found the answer you've been seeking!

Question:

If a company's master budget for the sale of 12,000 units showes a per unit contribution margin of $3.00 and total fixed costs of $20,000, calculate the operating income shown on the company's flexible budget for the sale of 18,000 units .

Posted Date: May 14, 2024 10:00 AM

See More Questions

Consider the following information: Rate of Return if State Occurs State of Economy Boom :57 Bust of Economy .66 .34 Probability of State Stock A .09 .13 Stock B Stock C .03 .19 .24 -.04 a. What is...
Presidio Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Presidio Manufacturing's operations: Current assets as of December 31...
Damon Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Damon Manufacturing's operations: Current Assets as of December 31 (prior...
Wolverine World Wide, Inc., manufactures military, work, sport, and casual footwear and leather accessories under a variety of brand names, such as Hush Puppies, Wolverine, Merrell, Stride Rite, and...
How could you approximately determine the coefficient of kinetic friction between your shoes and a fairly smooth floor?
A tort is a civil wrong that is committed against a person or property for which a court provides a remedy in the form of an action for damages.
A Company bought Machine M on March 5, 20X4 for $\$ 5,000$ cash. The estimated salvage was $\$ 200$ and the estimated life was eleven years. On March 5, 20X5, the company learned that it could...
During 2010, Jester Corporation had the following transactions and events. 1. Declared a cash dividend. 2. Issued par value common stock for cash at par value. 3. Completed a 2-for-1 stock split in...
a. Report the standard score, the p-value, and state what your decision is. Oz=0.81; p-value = 0.250; fail to reject the null. Oz = 0.80; p-value = 0.401; fail to reject the null. z = 0.25; p-value =...
Find the principal that will earn $39.27 in 225 days at 2.75%.
State the rule on advertising and other forms of solicitation.
Which of the following deviations from company policy would an operational auditor consider to be the most critical? a. Several late payments to vendors resulted in loss of discounts. b. An employee...
If the objective of the audit is to determine that adequate environmental protection and alarm devices are installed and operating, the auditor should a. Review the architect's alarm specification...
State the rule on contingent fees.
State the rule on confidentiality.
The returns on the Bledsoe Small-Cap Fund are the most volatile of all the mutual funds offered in the 401(k) plan. Why would you ever want to invest in this fund? When you examine the expenses of...
Find the equation of the plane passing through the points P 5,4,3 ,Q 4,3,1 and R 1,5,4
A1 Construction began operations on January 1, 2007. The company pays workers compensation insurance premiums for its employees. The companys accountant assembled the data below for 2007: 1. Compute...
Premier Landscaping reports the following in its payroll register for August. The company makes monthly tax deposits. Prepare the general journal entry to record Premier Landscapings deposit of its...
Paloma Co. pays its employees each week. Its employees gross pay is subject to these taxes: The company is preparing its payroll calculations for the week ended August 25. Payroll records show the...

If a company's master budget for the sale of 12,000 units showes a per unit contribution margin

Question:

Expert Answer:

To calculate the operating income shown on the companys flexible budget for the sale of 18000 units ... View the full answer

Students also viewed these accounting questions