Question: Question 2 --/25 View Policies Current Attempt in Progress Margie's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering

 Question 2 --/25 View Policies Current Attempt in Progress Margie's Creations

Question 2 --/25 View Policies Current Attempt in Progress Margie's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering three different sales targets: 6,100 figurines, 7,100 figurines, and 8,100 figurines. Figurines sell for $41 each. The standard cost information for one figurine is as follows: Direct materials Direct labor Variable overhead Variable operating costs Annual expected fixed overhead cost $3,720 Annual expected fixed operating costs $45,400 Prepare a flexible budget for the three sales levels under consideration. 6,100 Units 250100 7,100 Units 291100 8,100 Units 332100 Revenue $ $ Variable cost Cost of goods sold Operating costs Contribution margin Fixed cost Cost of goods sold Operating costs Net income Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Attempts: 0 of 1 used Submit

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