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Accounting

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Required information
[The following information applies to the questions displayed below.]
The fixed budget for 20,000 units of production shows sales of $400,000; variable costs of $80,000; and fixed costs of $150,000.
If the company actually produces and sells 26,000 units, calculate the flexible budget income.
\table[[,__-_lexible B,udget----,.....Flexible E,udget at],[,\table[[Variable Amount per],[Unit]],Total Fixed Cost,20,000 units,26,000 units],[Sales,20,,400,000,520,000],[Variable costs,,,80,000,104,000],[Contribution margin,20,,320,000,416,000],[Fixed costs,,150.000,150.000,150,000],[Income,,,170,000,266,000]]
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