QS 23-2 Flexible budget LO P1 Based on predicted production of 24,700 units, a company...
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QS 23-2 Flexible budget LO P1
Based on predicted production of 24,700 units, a company anticipates $220,000 of fixed costs and $271,700 of variable costs. If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs?
------Flexible Budget------
------Flexible Budget at ------
Variable Amount per Unit
Total Fixed Cost
24,700 units
20,000 units
Variable cost
Fixed costs
Total budgeted costs
$0
$0
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