The fixed budget for 21,900 units of production shows sales of $481,800; variable costs of $65,700; and fixed costs of $141,000. QS 21-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 26,600 units, calculate the flexible budget income. Sales Variable costs Contribution margin Fixed costs Income ------Flexible Budget------ Variable Amount per Unit $ 3 23 Total Fixed Cost ------Flexible Budget at ------ 26,600 units 21,900 units $ $ 0 $ 0 $ 0 0

The fixed budget for 21,900 units of production shows sales of $481,800; variable costs of $65,700; and fixed costs of $141,000. QS 21-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 26,600 units, calculate the flexible budget income. Sales Variable costs Contribution margin Fixed costs Income ------Flexible Budget------ Variable Amount per Unit $ 3 23 Total Fixed Cost ------Flexible Budget at ------ 26,600 units 21,900 units $ $ 0 $ 0 $ 0 0

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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