14-1 The Ace Company sells a single product at a budgeted selling price per unit...
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Accounting
14-1
The Ace Company sells a single product at a budgeted selling price per unit of $75. Budgeted fixed manufacturing costs for the coming period are $25,000, while budgeted fixed marketing expenses for the period are $31,500. Budgeted variable costs per unit include $17 of selling expenses (commission) and $19 of manufacturing costs. What is the budgeted operating income if the anticipated sales volume for the period is (1) 11,500 units, and (2) 16,500 units?
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