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Everlasting Bubbles, Inc., produces multicolored bubble solution used for weddings and other events. Requirements Click...

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Accounting

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Everlasting Bubbles, Inc., produces multicolored bubble solution used for weddings and other events. Requirements Click the icon to view the master budget income statement.) Everlasting Bubbles' plant capacity is 72,500kits. If actual volume exceeds 72,500 kits, the company must expand the plant. In that case, salaries will increase by 10%, depreciation by 15%, and rent by $6,000. Fixed utilities will be unchanged by any volume 1. Prepare flexible budget income statements for the company, showing output levels of 65,000,70,000, and 75,000 kits. incroaces 2. Graph the behavior of the company's total costs. Use total costs on the y-axis and volume (in thousands of bubble kits) on the x-axis. Data table expected sales volume of 65,000 bubble kits

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