Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Woje, Inc. Flexible Budget For the Month Ended April 30, 2024 Budget Amounts Per Unit 7,000 8,000
Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Woje, Inc. Flexible Budget For the Month Ended April 30, 2024 Budget Amounts Per Unit 7,000 8,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Woje, Inc. manufactures travel locks. The budgeted selling price is $18 per lock, the variable cost is $8 per lock, and budgeted fixed costs are $11,000 per month. Prepare a flexible budget for output levels of
7,000 locks and 8,000 locks for the month ended April 30, 2024.
Units
Sales Revenue
Variable Costs
Contribution Margin
Fixed Costs
Operating Income
Woje, Inc.
Flexible Budget
For the Month Ended April 30, 2024
Budget
Amounts
Per Unit
7,000
8,000
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