Question: In Chapter 23, we learned about Flexible Budgets. Using the FLEXIBLE BUDGET sample in Chapter 23, Exhibit 23-3, as your guide, create a flexible budget

In Chapter 23, we learned about Flexible Budgets. Using the FLEXIBLE BUDGET sample in Chapter 23, Exhibit 23-3, as your guide, create a flexible budget with two levels of activity. At a minimum, each level of activity in your budget should have: Sales, Variable Costs, Contribution Margin, Fixed Costs, Operating Income. This is worth 15 points overall, 7.5 points for each level of activity. When your file is ready to submit, click on "Graded: Learning Unit 3, Ch 23 Flexible Budget" above. In the next screen, attach your file or type your submission in the space provided. If attaching a file, your submission must be in one of the following formats: Excel, Word or PDF. In Chapter 23, we learned about Flexible Budgets. Using the FLEXIBLE BUDGET sample in Chapter 23, Exhibit 23-3, as your guide, create a flexible budget with two levels of activity. At a minimum, each level of activity in your budget should have: Sales, Variable Costs, Contribution Margin, Fixed Costs, Operating Income. This is worth 15 points overall, 7.5 points for each level of activity. When your file is ready to submit, click on "Graded: Learning Unit 3, Ch 23 Flexible Budget" above. In the next screen, attach your file or type your submission in the space provided. If attaching a file, your submission must be in one of the following formats: Excel, Word or PDF
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