Revenue (8,100 units) Variable costs $16,200 4,050 Contribution margin $12,150 4,050 Fixed costs Net income $ 8,100 If actual production totals 8,500 units, the flexible budget would show total costs of: Multiple Choice $8,300. None of these answers are correct. $8,400. $16,600.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Revenue (8,100 units)
$16,200
Variable costs
4,050
Contribution margin
$12,150
Fixed costs
4,050
Net income
$ 8,100
If actual production totals 8,500 units, the flexible budget would show total costs of:
Multiple Choice
$8,300.
None of these answers are correct.
$8,400.
$16,600.
Transcribed Image Text:Revenue (8,100 units) $16,200 Variable costs 4,050 Contribution margin $12,150 Fixed costs 4,050 Net income $ 8,100 If actual production totals 8,500 units, the flexible budget would show total costs of: Multiple Choice $8,300. None of these answers are correct. $8,400. $16,600.
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