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The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 2,600 units: $ 79,000 (48,100) 30,900 Revenues Variable Costs Contribution Margin Fixed Costs (19,500) $ 11,400 Net Income If Carlos actually produced 2,500 units, the flexible budget would show fixed costs amounting to Multiple Choice $21,300. $19,500. $67,600.

The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 2,600 units: $ 79,000 (48,100) 30,900 Revenues Variable Costs Contribution Margin Fixed Costs (19,500) $ 11,400 Net Income If Carlos actually produced 2,500 units, the flexible budget would show fixed costs amounting to Multiple Choice $21,300. $19,500. $67,600.

FINANCIAL ACCOUNTING
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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4th option: none of the above.
The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 2,600 units: Revenues $ 79,000 Variable Costs (48,100) Contribution Margin 30,900 Fixed Costs (19,500) Net Income $ 11,400 If Carlos actually produced 2,500 units, the flexible budget would show fixed costs amounting to Multiple Choice $21,300. $19,500. $67,600.
Transcribed Image Text:The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 2,600 units: Revenues $ 79,000 Variable Costs (48,100) Contribution Margin 30,900 Fixed Costs (19,500) Net Income $ 11,400 If Carlos actually produced 2,500 units, the flexible budget would show fixed costs amounting to Multiple Choice $21,300. $19,500. $67,600.
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