The fixed budget for 21,300 units of production shows sales of $511,200; variable costs of $63,900; and fixed costs of $142,000. If the company actually produces and sells 26,800 units, calculate the flexible budget income. Flexible Budget----- -Flexible Budget at - Variable Amount Total Fixed 21,300 units 26,800 units per Unit Cost Sales Variable costs 575,100 Contribution margin (3) %2$ 575,100 $ Fixed costs Income 575,100 $
The fixed budget for 21,300 units of production shows sales of $511,200; variable costs of $63,900; and fixed costs of $142,000. If the company actually produces and sells 26,800 units, calculate the flexible budget income. Flexible Budget----- -Flexible Budget at - Variable Amount Total Fixed 21,300 units 26,800 units per Unit Cost Sales Variable costs 575,100 Contribution margin (3) %2$ 575,100 $ Fixed costs Income 575,100 $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
[The following information applies to the questions displayed below.]
The fixed budget for 21,300 units of production shows sales of $511,200; variable costs of $63,900; and fixed costs of
$142,000.
If the company actually produces and sells 26,800 units, calculate the flexible budget income.
--Flexible Budget----
----Flexible Budget at -----
Total Fixed
Cost
Variable Amount
21,300 units
26,800 units
per Unit
575,100
Sales
Variable costs
24
Contribution margin
(3)
575,100 $
Fixed costs
Income
$
575,100 $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff63054a3-7d6f-47be-bf34-daf458a9b680%2F2350a8ec-db20-490c-95bd-a2b3ec35df6c%2Ftv3en2_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
The fixed budget for 21,300 units of production shows sales of $511,200; variable costs of $63,900; and fixed costs of
$142,000.
If the company actually produces and sells 26,800 units, calculate the flexible budget income.
--Flexible Budget----
----Flexible Budget at -----
Total Fixed
Cost
Variable Amount
21,300 units
26,800 units
per Unit
575,100
Sales
Variable costs
24
Contribution margin
(3)
575,100 $
Fixed costs
Income
$
575,100 $
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