100,000 Operating income (150,000) P45,000 July sales registered at 180,000 board games. Using a flexible budget, expected operating income for July must be A. P45,000 8. PS4,000 C. P102,000 D. P270,000
100,000 Operating income (150,000) P45,000 July sales registered at 180,000 board games. Using a flexible budget, expected operating income for July must be A. P45,000 8. PS4,000 C. P102,000 D. P270,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
99
![99. Games Co. expected to sell 150,000 board games for July. Its master budget related to sale and production of these items is
presented below:
P480,000
Revenue
Cost of goods sold
Direct Materials
Direct labor
Variable overhead
Contribution margin
P135,000
60,000
90,000
(285,000)
P195,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa8c80001-a152-474c-8914-451bcd76f3df%2F28169a87-35a2-47e1-bf76-1ddd56c2d947%2Fw86h2vi_processed.png&w=3840&q=75)
Transcribed Image Text:99. Games Co. expected to sell 150,000 board games for July. Its master budget related to sale and production of these items is
presented below:
P480,000
Revenue
Cost of goods sold
Direct Materials
Direct labor
Variable overhead
Contribution margin
P135,000
60,000
90,000
(285,000)
P195,000
![Fored overhead
Fixed operating expenses
P50,000
100,000
(150,000)
Operating income
P45,000
July sales registered at 180,000 board games. Using a flexible budget, expected operating income for July must be
A. P45,000
8. P84,000
C. P102,000
D. P270,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa8c80001-a152-474c-8914-451bcd76f3df%2F28169a87-35a2-47e1-bf76-1ddd56c2d947%2Fth6k7aq_processed.png&w=3840&q=75)
Transcribed Image Text:Fored overhead
Fixed operating expenses
P50,000
100,000
(150,000)
Operating income
P45,000
July sales registered at 180,000 board games. Using a flexible budget, expected operating income for July must be
A. P45,000
8. P84,000
C. P102,000
D. P270,000
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