90.2K

Verified Solution

Link Copied!

Just the question in the last picture, thanks

Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 80,000,95,000, and 110,000 units. (a) Your answer is correct. Prepare a flexible budget for each of the possible production levels: 80,000,95,000, and 110,000 units. (List variable costs before fixed costs.) Question 1 of 2 3/6 \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{9}{|c|}{ Flexible Production Cost Budget } \\ \hline Activity Level & & & & & & & & \\ \hline Production Levels v & & \multicolumn{2}{|c|}{80,000} & & \multicolumn{2}{|c|}{95,000} & & 110,000 \\ \hline Variable Costs & & & & & & & & \\ \hline Manufacturing & $ & 480,000 & i & $ & 570,000 & i & $ & 660,000 \\ \hline Administrative & & 240,000 & i & & 285,000 & i & & 330,000 \\ \hline Selling & & 160,000 & i & & 190,000 & i & & 220,000 i \\ \hline Total Variable Costs v & & 880,000 & i & & 1,045,000 & i & & 1,210,000 \\ \hline Fixed Costs & & & & & & & & \\ \hline Manufacturing & & 139,000 & i & & 139,000 & i & & 139,000 \\ \hline Administrative & & 79,000 & i & & 79,000 & i & & 79.000 \\ \hline Total Fixed Costs & & 218,000 & i & & 218,000 & i & & 218,000 i \\ \hline Total Costs & $ & 1,098,000 & i & $ & 1,263,000 & i & $ & 1,428,000 \\ \hline \end{tabular} Attempts: 1 of 3 used If AP sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $330,500 before taxes? Units to be sold eTextbook and Media

Answer & Explanation Solved by verified expert

See Answer