A fixed budget for 61,000 units of production shows $98,820 of sales, $73,810 of variable costs, and $27,010 of fixed costs. Compute the flexible budget income if the company actually produces and sells 71,000 units. Contribution margin Variable Amount per Unit Total Fixed Cost Flexible Budget for 71,000 Unit Sales

A fixed budget for 61,000 units of production shows $98,820 of sales, $73,810 of variable costs, and $27,010 of fixed costs. Compute the flexible budget income if the company actually produces and sells 71,000 units. Contribution margin Variable Amount per Unit Total Fixed Cost Flexible Budget for 71,000 Unit Sales

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...

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