Based on a predicted level of production and sales of 21,000 units, a company anticipates total variable costs of $105.0o, ted conts of $25.200.this information, the budgeted amount of variable costs for 19,000 units wNould be:Multiple Cholce$62,200.$25,200.$95,000.$105,000.$170,200. 1,000 units, a company anticipates total varlable costs of $105,000, fixed costs of $25,200, and income of $37.000, Based onfor 19,000 units would be:

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Description: Based on a predicted level of production and sales of 21,000 units, a company anticipates total variable costs of $105.0o, ted conts of $25.200.this information, the budgeted amount of variable costs for 19,000 units wNould be:Multiple Cholce$62,200

Variable cost varies with production . Variable cost per unit remains same and total variable cost…

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Accounting

Based on a predicted level of production and sales of 21,000 units, a company anticipates total varinble costs of $105.00o, ted cont of $25.200. his information, the budgeted amount of variable costs for 19,000 units would be: Multiple Cholce $62,200. $25,200. $95,000. $105,000. $170,200.

Based on a predicted level of production and sales of 21,000 units, a company anticipates total varinble costs of $105.00o, ted cont of $25.200. his information, the budgeted amount of variable costs for 19,000 units would be: Multiple Cholce $62,200. $25,200. $95,000. $105,000. $170,200.

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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Concept explainers

Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.

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Based on a predicted level of production and sales of 21,000 units, a company anticipates total variable costs of $105.0o, ted conts of $25.200.
this information, the budgeted amount of variable costs for 19,000 units wNould be:
Multiple Cholce
$62,200.
$25,200.
$95,000.
$105,000.
$170,200.

1,000 units, a company anticipates total varlable costs of $105,000, fixed costs of $25,200, and income of $37.000, Based on
for 19,000 units would be:

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