Preparing a Flexible Budget

Using the following per-unit and total amounts, prepare a flexible budget at the 14,000-, 15,000-, and 16,000-unit levels of production and sales for Natural Products Inc.:

Hide

Round per unit answers to the nearest cent.

Natural Products Inc.
Flexible Budget
For the 14,000-, 15,000-, and 16,000-unit Levels of Production and Sales
$ per unit	14,000 units	15,000 units	16,000 units
Sales	$	$	$	$
Less Variable Costs:
Direct Materials	$
Direct Labor
Variable Factory Overhead
Variable Selling and Administrative Expenses
Total Variable Costs	$	$	$	$
Contribution Margin	$	$	$	$
Less Fixed Costs:
Fixed Factory Overhead	$	$	$
Fixed Selling and Administrative Expenses
Total Fixed Costs	$	$	$
Operating Income	$	$	$

Hide

Round per unit answers to the nearest cent.

Natural Products Inc.
Flexible Budget
For the 14,000-, 15,000-, and 16,000-unit Levels of Production and Sales
$ per unit	14,000 units	15,000 units	16,000 units
Sales	$	$	$	$
Less Variable Costs:
Direct Materials	$
Direct Labor
Variable Factory Overhead
Variable Selling and Administrative Expenses
Total Variable Costs	$	$	$	$
Contribution Margin	$	$	$	$
Less Fixed Costs:
Fixed Factory Overhead	$	$	$
Fixed Selling and Administrative Expenses
Total Fixed Costs	$	$	$
Operating Income	$	$	$

Preparing a Flexible Budget Using the following per-unit and total amounts, prepare a flexible budget at the 14,000-, 15,000-, and 16,000-unit levels of production and sales for Natural Products Inc.: Hide Round per unit answers to the nearest cent. Natural Products Inc. Flexible Budget For the 14,000-, 15,000-, and 16,000-unit Levels of Production and Sales $ per unit Sales $ 14,000 units 15,000 units 16,00 $ $ $ Less Variable Costs: Direct Materials $ Direct Labor Variable Factory Overhead Variable Selling and Administrative Expenses Total Variable Costs $ $ $ $ Contribution Margin $ $ $ $ Less Fixed Costs: Fixed Factory Overhead $ $ $ Total Fixed Costs $ $ $ Operating Income $ $ $ Fixed Selling and Administrative Expenses