1.) Based on a predicted level of production and sales of 24,000 units, a company...
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Accounting
1.) Based on a predicted level of production and sales of 24,000 units, a company anticipates total contribution margin of $100,800, fixed costs of $24,000, and income of $76,800. Based on this information, the budgeted income for 22,000 units would be:
$76,800.
$124,800.
$68,400.
$45,818.
$100,800.
2.) A company's flexible budget for 23,000 units of production showed total contribution margin of $124,200 and fixed costs, $39,000. The income expected if the company produces and sells 26,000 units is:
$101,400.
$147,000.
$22,800.
$85,200.
$19,469.
3.) A company's flexible budget for the range of 39,000 units to 49,000 units of production showed variable overhead costs of $2 per unit and fixed overhead costs of $79,200. The company incurred total overhead costs of $163,680 while operating at a volume of 44,000 units. The total controllable cost variance is:
$6,480 favorable.
$6,480 unfavorable.
$3,520 favorable.
$3,520 unfavorable.
$10,000 favorable.
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