[10 points] The following data are for the month of July for the Flex-7824 Company: Sales quantity Selling price per unit Variable cost per unit Total fixed costs Planning (Static) Budget 12,000 units $88 $61 $136,000 What is the company's flexible budget net operating income in July? Multiple Choice $95,000 $152,000 ○ $188,000 ○ $269,000 Actual Results 15,000 units $85 $66 $133,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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[10 points] The following data are for the month of July for the Flex-7824 Company:
Sales quantity
Selling price per
unit
Variable cost per
unit
Total fixed costs
Planning (Static)
Budget
12,000 units
$88
$61
$136,000
What is the company's flexible budget net operating income in July?
Multiple Choice
$95,000
$152,000
○ $188,000
○ $269,000
Actual Results
15,000 units
$85
$66
$133,000
Transcribed Image Text:[10 points] The following data are for the month of July for the Flex-7824 Company: Sales quantity Selling price per unit Variable cost per unit Total fixed costs Planning (Static) Budget 12,000 units $88 $61 $136,000 What is the company's flexible budget net operating income in July? Multiple Choice $95,000 $152,000 ○ $188,000 ○ $269,000 Actual Results 15,000 units $85 $66 $133,000
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