The master budget at Western Company last period called for sales of 230,000 units at $8.30 each. The costs were estimated to be $3.00 variable per unit and $220,000 fixed. During the period, actual production and actual sales were 235,000 units. The selling price was $8.40 per unit. Variable costs were $3.75 per unit. Actual fixed costs were $220,000. Required: Prepare a flexible budget for Western.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The master budget at Western Company last period called for sales of 230,000 units at $8.30 each. The costs were estimated to be $3.00 variable per unit and $220,000 fixed. During the period, actual production and actual sales were 235,000 units. The selling price was $8.40 per unit. Variable costs were $3.75 per unit. Actual fixed costs were $220,000.
 

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Prepare a flexible budget for Western.

WESTERN COMPANY
Flexible Budget
Sales revenue
$ 1,860,000
$ 1,860,000
1,860,000
%24
Transcribed Image Text:WESTERN COMPANY Flexible Budget Sales revenue $ 1,860,000 $ 1,860,000 1,860,000 %24
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