Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information...

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Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information about their latest product innovation, the Total Home Control system. It's a complete package that allows aspiring gardeners in northern climates to grow small vegetable gardens in basements on a year round basis. Planning Budget Actual Results 1,639 1,524 Quantity Sales $194,622 $166,755 Materials - Variable 22,883 25,418 Labor - Variable 31,168 32,754 Labor - Fixed 22,694 28,168 Overhead - Variable 19,806 18,206 Overhead - Fixed 10,242 10,265 Delivery - Variable 9,533 10,425 Rent - Fixed 2,168 2,168 Depreciation - Fixed $6.489 $6,489 What is the projected net income from the planning budget? Your answer should be to the nearest whole doliar. Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information about their latest product innovation, the Total Home Control system. It's a complete package that allows aspiring gardeners in northern climates to grow small vegetable gardens in basements on a year round basis. Planning Budget Actual Results 1,639 1,524 Quantity Sales $194,622 $166,755 Materials - Variable 22,883 25,418 Labor - Variable 31,168 32,754 Labor - Fixed 22,694 28,168 Overhead - Variable 19,806 18,206 Overhead - Fixed 10,242 10,265 Delivery - Variable 9,533 10,425 Rent - Fixed 2,168 2,168 Depreciation - Fixed $6.489 $6,489 What is the projected net income from the planning budget? Your answer should be to the nearest whole doliar.

Answer rating: 100% (QA)

Answer The projected Net Income is 56062 Answey Solution Sales LessExpenses Materi... View the full answer