The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use...
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The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2015 were as follows: Static Budget Victor House-Mate Total 33,300 $4,740,000 Number sold 6300 27,000 Contribution margin $3,160,000 $1,580,000 Total Actual Results Victor House-Mate 5400 Number sold 36,000 41,400 Contribution margin $1,400,000 $4,130,000 $5,530,000 What is the contribution margin for the flexible budget? (Round intermediary calculations to the nearest dollar.)
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