had the following Keystone Manufacturing Inc. had information: Selling price per unit $65 Variable costs per unit: Manufacturing $32 Selling and administrative $8 Fixed costs per month: Manufacturing $65,000 Selling and administrative $40,000 What is the flexible budget net income for 15,000 units? a) $210,000 b) $189,000 c) $270,000 d) $430,000

had the following Keystone Manufacturing Inc. had information: Selling price per unit $65 Variable costs per unit: Manufacturing $32 Selling and administrative $8 Fixed costs per month: Manufacturing $65,000 Selling and administrative $40,000 What is the flexible budget net income for 15,000 units? a) $210,000 b) $189,000 c) $270,000 d) $430,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter5: Activity-based Costing And Management

Section: Chapter Questions

Problem 16MCQ: Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000...

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Financial accounting
What is the flexible budget net income?
Kichi company had the following information
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Answer all the parts otherwise don't solve it. Accounting This is the budget for the year ended 30 April 2021 for company XTZ Total production & sales = 2400units Selling price per unit = $1200 Variable manufacturing costs : Direct labour = $192 ; Direct material = $288 ; Overheads = $96 Fixed manufacture overheads = $216,960 Other : Fixed marketing & admin cost = $144,000 Sales commission = 5% 4) If the company earns a net profit of $298,920 ; How many units were sold 5) If expected sales volume is 2400units, what is the sales price per unit which will allow the company to break even?
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