The president of the company,Gregory Peters,has come to you for help.Use the following data to prepare a flexible budget for possible sales/production levels of 10,000,11,000,and 12,000 units.Show the contribution margin at each activity level.
$\begin{array}{ll}
\text { Sales price } & \$ 24 \text { per unit } \
\text { Variable costs: } & \
\text { Manufacturing } & \$ 12 \text { per unit } \
\text { Administrative } & \$ 3 \text { per unit } \
\text { Selling } & \$ 1 \text { per unit }\\text { Fixed costs: }\
\text { Manufacturing } & \$ 60,000 \
\text { Administrative } & \$ 20,000
\end{array}$

Question

The president of the company,Gregory Peters,has come to you for help.Use the following data to prepare a flexible budget for possible sales/production levels of 10,000,11,000,and 12,000 units.Show the contribution margin at each activity level.
 $\begin{array}{ll}
\text { Sales price } & \$ 24 \text { per unit } \
\text { Variable costs: } & \
\text { Manufacturing } & \$ 12 \text { per unit } \
\text { Administrative } & \$ 3 \text { per unit } \
\text { Selling } & \$ 1 \text { per unit }\\text { Fixed costs: }\
\text { Manufacturing } & \$ 60,000 \
\text { Administrative } & \$ 20,000
\end{array}$

Quizplus · Accepted Answer

The Answer of The president of the company,Gregory Peters,has come to you for help.Use the following data to prepare a flexible budget for possible sales/production levels of 10,000,11,000,and 12,000 units.Show the contribution margin at each activity level.
 $\begin{array}{ll}
\text { Sales price } & \$ 24 \text { per unit } \
\text { Variable costs: } & \
\text { Manufacturing } & \$ 12 \text { per unit } \
\text { Administrative } & \$ 3 \text { per unit } \
\text { Selling } & \$ 1 \text { per unit }\\text { Fixed costs: }\
\text { Manufacturing } & \$ 60,000 \
\text { Administrative } & \$ 20,000
\end{array}$

The President of the Company,Gregory Peters,has Come to You for Help.Use