! Required information [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $567,000; variable costs of $63,000; and fixed costs of $141,000. If the company actually produces and sells 27,400 units, calculate the flexible budget income. ------Flexible Budget------ ------Flexible Budget at ------ Variable Amount Total Fixed per Unit 21,000 units 27,400 units Cost Contribution margin $ 0 $ 0 $ 0 $ 0 $ 0

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...
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Required information
[The following information applies to the questions displayed below.]
The fixed budget for 21,000 units of production shows sales of $567,000; variable costs of $63,000; and fixed costs of
$141,000.
If the company actually produces and sells 27,400 units, calculate the flexible budget income.
------Flexible Budget------
------Flexible Budget at ------
Variable Amount Total Fixed
per Unit
21,000 units
27,400 units
Cost
Contribution margin
$
0
$
0 $
0
$
0 $
0
Transcribed Image Text:! Required information [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $567,000; variable costs of $63,000; and fixed costs of $141,000. If the company actually produces and sells 27,400 units, calculate the flexible budget income. ------Flexible Budget------ ------Flexible Budget at ------ Variable Amount Total Fixed per Unit 21,000 units 27,400 units Cost Contribution margin $ 0 $ 0 $ 0 $ 0 $ 0
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