The master budget at Western Company last period called for sales of 240,000 units at $8.00 each. The costs were estimated to be $4.00 variable per unit and $270,000 fixed. During the period, actual production and actual sales were 245,000 units. The selling price was $8.10 per unit. Variable costs were $4.75 per unit. Actual fixed costs were $270,000. Required: Prepare a flexible budget for Western. WESTERN COMPANY Flexible Budget $ $

The master budget at Western Company last period called for sales of 240,000 units at $8.00 each. The costs were estimated to be $4.00 variable per unit and $270,000 fixed. During the period, actual production and actual sales were 245,000 units. The selling price was $8.10 per unit. Variable costs were $4.75 per unit. Actual fixed costs were $270,000. Required: Prepare a flexible budget for Western. WESTERN COMPANY Flexible Budget $ $

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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Prepare a flexible budget for Western.
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