Question: need both QUESTION 19 Using the incomplete Master Budget (at 100 hours) bolow, calculate the total contribution margin on the Flexible Budget (at 120 hours)

need both
need both QUESTION 19 Using the incomplete Master Budget (at 100 hours)

QUESTION 19 Using the incomplete Master Budget (at 100 hours) bolow, calculate the total contribution margin on the Flexible Budget (at 120 hours) Master Budget Flexible Budget (100 hours 120 hours Sales Revenue $2.000 2 Total Variable costs $700 2 $1,000 Total Foxed Costs Total Contribution Margin at 120 hours QUESTION 20 Rich & Sweet Candy Company budgeted to produce and all 5.000 units with its statio master budget contribution margin income statement consisting of the following: Sales revenue $80.000 Total variable costs 60,000 Total food costs 20,000 The actual units produced and sold was 20% higher than it had budgeted. In preparing its ouble budget to compare to the master budget's contribution margin income statement, what would the flexible budget's contribution margin equal

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!