Amanda Manufacturing Company prepared the following static budget income statement: $ 476,000.00 (336,000.00) 140,000.00 (66,000.00) $ 74,000.00 Revenues Variable Costs Contribution Margin Fixed Costs Net Income The budgeted costs were based on a planned sales volume of 14,000 units. Actual production was 7,800 units. The amount of net income based on a flexible budget of 7,800 units would have been Multiple Choice $6.200.00. O $12,000.00. $270,000.00 > Show Transcribed Text $6,200.00. n

Amanda Manufacturing Company prepared the following static budget income statement: $ 476,000.00 (336,000.00) 140,000.00 (66,000.00) $ 74,000.00 Revenues Variable Costs Contribution Margin Fixed Costs Net Income The budgeted costs were based on a planned sales volume of 14,000 units. Actual production was 7,800 units. The amount of net income based on a flexible budget of 7,800 units would have been Multiple Choice $6.200.00. O $12,000.00. $270,000.00 > Show Transcribed Text $6,200.00. n

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please help me. Thankyou.
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Hh1.
Rakesh
Prepare a flexible budget for Western.