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Webber Company's fixed budget based on sales of 7,000 units follows. Fixed Budget Sales (7,000 units x $800 per unit) $ 5,600,000 Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping 560,000 980,000 350,000 130,000 280,000 308,000 Administrative salaries 420,000 Depreciation - Office equipment 70,000 Insurance 40,000 Office rent Income $ 2,390,000 Prepare a flexible budget at activity levels of 6,000 units and 8,000 units

Webber Company's fixed budget based on sales of 7,000 units follows. Fixed Budget Sales (7,000 units x $800 per unit) $ 5,600,000 Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping 560,000 980,000 350,000 130,000 280,000 308,000 Administrative salaries 420,000 Depreciation - Office equipment 70,000 Insurance 40,000 Office rent Income $ 2,390,000 Prepare a flexible budget at activity levels of 6,000 units and 8,000 units

FINANCIAL ACCOUNTING
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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Webber Company's fixed budget based on sales of 7,000 units follows. Fixed Budget Sales (7,000 units x $800 per unit) $ 5,600,000 Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping 560,000 980,000 350,000 130,000 280,000 308,000 Administrative salaries 420,000 Depreciation - Office equipment 70,000 Insurance 40,000 Office rent Income $2,390,000 Prepare a flexible budget at activity levels of 6,000 units and 8,000 units
Transcribed Image Text:Webber Company's fixed budget based on sales of 7,000 units follows. Fixed Budget Sales (7,000 units x $800 per unit) $ 5,600,000 Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping 560,000 980,000 350,000 130,000 280,000 308,000 Administrative salaries 420,000 Depreciation - Office equipment 70,000 Insurance 40,000 Office rent Income $2,390,000 Prepare a flexible budget at activity levels of 6,000 units and 8,000 units
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