Question: Red Corporation sold laser pointers for $17 each in 2017. Its budgeted selling price was $18 per unit Other information related to its performance is

 Red Corporation sold laser pointers for $17 each in 2017. Its

Red Corporation sold laser pointers for $17 each in 2017. Its budgeted selling price was $18 per unit Other information related to its performance is given below. Units made and sold Actual 28.800 85,000 Budgeted 28.500 $5 per unit 57.000 $ Variable costs Fixed costs $ 52,000 $ Calculate Red's flexible budget for (a) revenues, (b) variable costs, (c) foxed costs, and (d) operating income. Calculate Red's flexible budget for (a) revenues. Begin by determining the formula and then solve for the amount Actual units sold X Budgeted selling price per unit Flexible budget for revenues 28,800 * $ 18 $ 518,400 Calculate Red's flexible budget for (b) variable costs. Begin by determining the formula and then solve for the amount Actual units sold Budgeted variable cost per unit Flexible budget for variable costs 28,800 XS 5 144,000 Calculate Red's flexible budget for (c) fixed costs Rod's flexible budget for fixed costs is $

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