At 16,000 units
Sales = $48,000
Variable costs = $24,000
Fixed costs = $17,000
Selling price per unit = Total sales/Number of units sold
= 48,000/16,000
= $3
Variable cost per unit = Total variable cost/Number of units sold
= 24,000/16,000
= $1.5
Flexible budget (17,000 units)
Sales (17,000 x 3) | 51,000 |
Variable costs (17,000 x 1.5) | - 25,500 |
Fixed costs | - 17,000 |
Operating income | $8,500 |
Fourth option is the correct option
Kindly give a positive rating if you are satisfied with the answer. Feel free to ask if you have any doubt. Thanks.
A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000; and fixed co...
A company’s flexible budget for 10,000 units of production showed sales, $56,000; variable costs, $24,000; and fixed costs, $16,000. The variable costs expected if the company produces and sells 16,000 units is: Multiple Choice $56,000. $72,000. $54,400. $38,400. $24,000
A company's flexible budget for 19,000 units of production showed sales, $81,700; variable costs. $30,400; and fixed costs, $12,000. The operating income expected if the company produces and sells 12,000 units is: Multiple Choice $38,209, $ 39,300. o o o o of O s7375. $20,400. ( $19,375.
A company's flexible budget for 19,000 units of production showed sales, $81,700; variable costs, $30,400; and fixed costs, $12,000. The contribution margin expected if the company produces and sells 12,000 units is: Multiple Choice Ο $81,700. Ο $93,700. Ο $32.400. Ο O $19,200. Ο $30,400.
company’s flexible budget for 14,000 units of production showed sales, $47,600; variable costs, $15,400; and fixed costs, $24,000. The variable costs expected if the company produces and sells 24,000 units is: Multiple Choice $47,600. $71,600. $50,400. $26,400. $15,400.
A company's flexible budget for 19,000 units of production showed sales, $81,700; variable costs, $30,400; and fixed costs, $12,000. The fixed costs expected if the company produces and sells 12,000 units is: Multiple Choice $12,000. $93,700. $81,700. $30,400. $19,200.
A company’s flexible budget for 16,000 units of production showed sales, $81,600; variable costs, $33,600; and fixed costs, $15,000. The fixed costs expected if the company produces and sells 15,000 units is: $15,000. $96,600. $81,600. $31,500.
A company's flexible budget for 16,000 units of production showed total contribution margin of $76,800 and fixed costs, $36,000. The operating income expected if the company produces and sells 21,000 units is:
Please answer all questions ASAP! Will rate! 1.A company’s flexible budget for 12,000 units of production showed sales, $46,800; variable costs, $12,000; and fixed costs, $28,000. The variable costs expected if the company produces and sells 28,000 units is: Multiple Choice $46,800. $74,800. $56,000. $28,000. $12,000. 2. A company provided the following direct materials cost information. Compute the total direct materials cost variance. Standard costs assigned: Direct materials standard cost (417,000 units @ $3.00 / unit) $ 1,251,000 Actual costs:...
A company's flexible budget for 40,000 units of production showed variable overhead costs of $44,000 and fixed overhead costs of $56,000. The company incurred overhead costs of $90,080 while operating at a volume of 32,000 units. The total controllable cost variance is: Multiple Choice $1,120 favorable. $1,120 unfavorable. $9,920 favorable. $9,920 unfavorable. $11,920 favorable.
A company's budget for 60,000 units of production showed sales of $180,000, variable costs of $60,000, and fixed costs of $56,000. What would the Flexible Budget and operating income be if the company produces and sells 70,000 units? Prepare in good format: