A company's flexible budget for 30,000 units of production showed sales of $90,000, variable costs...
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Accounting
A company's flexible budget for 30,000 units of production showed sales of $90,000, variable costs of $36,000, and fixed costs of $23,000. Prepare a flexible budget for 25,000 units assuming it is within the same relevant range of production. Use a contribution margin format You must show how you calculated each number for credit. Use the template below. Check: Operating income should be greater than $20,000. (3 points)
Sales $
Variable costs $
Contribution margin $
Fixed costs $
Operating income $
PLEASE SHOW WORK
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