Homework Answers
| 1 | ||||
| Flexible budget | Flexible budget at | |||
| Variable amount per unit | Total fixed cost | 20100 units | 26600 units | |
| Sales | 29.00 | 582900 | 771400 | |
| Variable cost | 3.00 | 60300 | 79800 | |
| Contribution margin | 26.00 | 522600 | 691600 | |
| Fixed costs | 143000 | 143000 | 143000 | |
| Income from Operations | 379600 | 548600 | ||
| 2 | ||||
| Flexible budget | Actual results | Variances | Fav/Unfav. | |
| Sales | 771400 | 721400 | 50000 | Unfavorable |
| Variable cost | 79800 | 113500 | 33700 | Unfavorable |
| Contribution margin | 691600 | 607900 | 83700 | Unfavorable |
| Fixed costs | 143000 | 131000 | 12000 | Favorable |
| Income from Operations | 548600 | 476900 | 71700 | Unfavorable |
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Part 1 of 2 Required information The following information applies to the questions displayed below) Brodrick...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $620,600; variable costs of $64,200; and fixed costs of $141,000. Assume that actual sales for the year are $729,200 (26,800 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $136,000. Prepare a flexible budget performance report for...
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce...
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $455,400; variable costs of $62,100; and fixed costs of $142,000. Assume that actual sales for the year are $532,200 (26,100 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21.900 units for the year ending December 31. A flexible budget for 21,900 units of production reflects sales of $635,100; variable costs of $65,700; and fixed costs of $144,000. Assume that actual sales for the year are $ 719,700 (26,300 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $132,000. Prepare a flexible budget performance report...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $455,400; variable costs of $62,100; and fixed costs of $142,000. If the company instead expects to produce and sell 26,100 units for the year, calculate the expected level of income from operations. ------Flexible Budget------ ------Flexible Budget at ------ Variable Amount per Unit Total Fixed Cost...
Part 1 of 2 Required Information The following information applies to the questions displayed below) Brodrick...
Part 1 of 2 Required Information The following information applies to the questions displayed below) Brodrick Company expects to produce 20.900 units for the year ending December 31. A flexible budget for 20,900 units of production reflects sales of $480.700; variable costs of $62,700, and fixed costs of $140,000 -oints If the company instead expects to produce and sell 26,200 units for the year, calculate the expected level of income from operations Book ang TE Tudotal Total Fixer 20.000 units...
Required information Use the following information for the Quick Study below. The following information applies to...
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget for 20,600 units of production reflects sales of $432,600: variable costs of $61,800; and fixed costs of $142,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 26,800 units for the year, calculate the expected level of income...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,300 units for the year ending December 31. A flexible budget for 21,300 units of production reflects sales of $575,100; variable costs of $63,900; and fixed costs of $141,000. If the company instead expects to produce and sell 26.900 units for the year, calculate the expected level of income from operations. Flexible Budget at - Flexible Budget- Variable Total Fixed Amount per Cost Unit...
Required information The following information applies to the questions displayed below) Brodrick Company expects to produce...
Required information The following information applies to the questions displayed below) Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $400.000: variable costs of $80.000, and fored costs of $150.000 If the company instead expects to produce and sell 26,000 units for the year, calculate the expected level of income from operations get Flexible Budget Flexible Variable Amount per Total Fixed Cost 20 000 units...
Brodrick Company expects to produce 20,200 units for the year ending December 31. A flexible budget...
Brodrick Company expects to produce 20,200 units for the year ending December 31. A flexible budget for 20,200 units of production reflects sales of $545,400; variable costs of $60,600; and fixed costs of $143,000. 1)If the company instead expects to produce and sell 26,700 units for the year, calculate the expected level of income from operations. ------Flexible Budget------ ------Flexible Budget at ------ Variable Amount per Unit Total Fixed Cost 20,200 units 26,700 units Contribution margin $0.00 $0 $0 $0 $0...
Please provide instructions on each variance and actual results. Brodrick Company expects to produce 21,700 units...
Please provide instructions on each variance and actual
results.
Brodrick Company expects to produce 21,700 units for the year ending December 31. A flexible budget for 21,700 units of production reflects sales of $607,600; variable costs of $65,100; and fixed costs of $143,000. QS 21-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $705,400 (26,800 units), actual variable costs for the year are $113,400, and actual fixed costs for the year are $131,000. Prepare...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $620,600; variable costs of $64,200; and fixed costs of $141,000. Assume that actual sales for the year are $729,200 (26,800 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $136,000. Prepare a flexible budget performance report for...
Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $455,400; variable costs of $62,100; and fixed costs of $142,000. Assume that actual sales for the year are $532,200 (26,100 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21.900 units for the year ending December 31. A flexible budget for 21,900 units of production reflects sales of $635,100; variable costs of $65,700; and fixed costs of $144,000. Assume that actual sales for the year are $ 719,700 (26,300 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $132,000. Prepare a flexible budget performance report...
Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget for 20,700 units of production reflects sales of $455,400; variable costs of $62,100; and fixed costs of $142,000. If the company instead expects to produce and sell 26,100 units for the year, calculate the expected level of income from operations. ------Flexible Budget------ ------Flexible Budget at ------ Variable Amount per Unit Total Fixed Cost...
Part 1 of 2 Required Information The following information applies to the questions displayed below) Brodrick Company expects to produce 20.900 units for the year ending December 31. A flexible budget for 20,900 units of production reflects sales of $480.700; variable costs of $62,700, and fixed costs of $140,000 -oints If the company instead expects to produce and sell 26,200 units for the year, calculate the expected level of income from operations Book ang TE Tudotal Total Fixer 20.000 units...
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Brodrick Company expects to produce 20,600 units for the year ending December 31. A flexible budget for 20,600 units of production reflects sales of $432,600: variable costs of $61,800; and fixed costs of $142,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 26,800 units for the year, calculate the expected level of income...
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,300 units for the year ending December 31. A flexible budget for 21,300 units of production reflects sales of $575,100; variable costs of $63,900; and fixed costs of $141,000. If the company instead expects to produce and sell 26.900 units for the year, calculate the expected level of income from operations. Flexible Budget at - Flexible Budget- Variable Total Fixed Amount per Cost Unit...
Required information The following information applies to the questions displayed below) Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $400.000: variable costs of $80.000, and fored costs of $150.000 If the company instead expects to produce and sell 26,000 units for the year, calculate the expected level of income from operations get Flexible Budget Flexible Variable Amount per Total Fixed Cost 20 000 units...
Please provide instructions on each variance and actual
results.
Brodrick Company expects to produce 21,700 units for the year ending December 31. A flexible budget for 21,700 units of production reflects sales of $607,600; variable costs of $65,100; and fixed costs of $143,000. QS 21-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $705,400 (26,800 units), actual variable costs for the year are $113,400, and actual fixed costs for the year are $131,000. Prepare...
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