Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their...
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Accounting
Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget:
Operating Expenses
Variable Operating Costs
$.75 per unit sold
Fixed Operating Costs
$475,000
Other Info:
Units produced in 2016
42,000
Units sold in 2016
40,500
Whistle Works sells each whistle for $12. It's been determined that each unit costs $7.25 to manufacture. How much is total budgeted operating expenses for the year ended 2016?
$61,875
$505,375
$506,500
$475,000
Answer & Explanation
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