Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the fixed budget for 21,500 units of production sh

The fixed budget for 21,500 units of production shows sales of $516,000; variable costs of...

70.2K

Verified Solution

Question

Accounting

imageimageimageimage

The fixed budget for 21,500 units of production shows sales of $516,000; variable costs of $64,500; and fixed costs of $141,000. QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,600 units at $596,400. Actual variable costs were $113,100 and actual fixed costs were $136,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Tempo Company's fixed budget (based on sales of 16,000 units) folllows. 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Compute total variable cost per unit. Compute total fixed costs. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

In the 18th century, China was the major power in Asia, and a significant power internationally. By...

Physics
1.2K views

At a tensile strength of 1000 MPa, the material with the lowest embodied energy is titanium alloys high...

Basic Math
1.2K views

A regression analysis of college faculty salaries included several predictors, including a dummy variable for gender...

Biology
1.2K views

A true-breeding radish with long, red roots was crossed to a true-breeding radishwith round blue...

Biology
1.2K views

What happened at Three Mile Island in 1979 A Grand Opening B A reactor accident...

Physics
1.2K views

2 A cylindrical conductor of radius a has a hole of radius b bored parallel...

Geometry
1.2K views

12 cm 7cm 1 J VOLUME SURFACE AREA 12 5 cm 7 cm 224

Basic Math
1.2K views

A beverage company is creating a can to hold 25 cubic inches of diet cola....

Statistics
1.2K views

When finding the 37th percentile from a sample of IQ scores the locator L is...

Calculus
1.2K views

An explanation of Rolle s Theorem How is it a special case of the MVT...

Accounting
1.2K views

Entries for stock dividends If no entry is required, select "No entry required"...

Finance
1.2K views

Q3) A financial services company has a long list of potential projects to consider this...