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Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $517,500; variable costs of $62,100; and fixed costs of $140,000. If the company instead expects to produce and sell 27,300 units for the year, calculate the expected level of income from operations. ------Flexible Budget---- Variable Amount per Unit Contribution margin $ 0.00 Total Fixed Cost ------Flexible Budget at- 20,700 units $ $ 27,300 units 0 $ 0 $ 0 0

Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $517,500; variable costs of $62,100; and fixed costs of $140,000. If the company instead expects to produce and sell 27,300 units for the year, calculate the expected level of income from operations. ------Flexible Budget---- Variable Amount per Unit Contribution margin $ 0.00 Total Fixed Cost ------Flexible Budget at- 20,700 units $ $ 27,300 units 0 $ 0 $ 0 0

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 8P: Preparing a performance report Use the flexible budget prepared in P7-6 for the 29,000-unit level of...
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Assume that actual sales for the year are $635,500 (27,300 units), actual variable costs for the year are $113,600, and actual fixed costs for the year are $131,000. Prepare a flexible budget performance report for the year. Contribution margin BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results $ 0 0 $ 0 Variances Favorable/ Unfavorable
Transcribed Image Text:Assume that actual sales for the year are $635,500 (27,300 units), actual variable costs for the year are $113,600, and actual fixed costs for the year are $131,000. Prepare a flexible budget performance report for the year. Contribution margin BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results $ 0 0 $ 0 Variances Favorable/ Unfavorable
Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $517,500; variable costs of $62,100; and fixed costs of $140,000. If the company instead expects to produce and sell 27,300 units for the year, calculate the expected level of income from operations. ----Flexible Budget------ Variable Amount per Unit Contribution margin $ 0.00 Total Fixed Cost ----Flexible Budget at 20,700 units $ $ 27,300 units 0 $ 0 $ 0 0
Transcribed Image Text:Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $517,500; variable costs of $62,100; and fixed costs of $140,000. If the company instead expects to produce and sell 27,300 units for the year, calculate the expected level of income from operations. ----Flexible Budget------ Variable Amount per Unit Contribution margin $ 0.00 Total Fixed Cost ----Flexible Budget at 20,700 units $ $ 27,300 units 0 $ 0 $ 0 0
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