Flexible budget and variable costs

Reference no: EM13138779

National's cost accountant prepared the following static budget based on expected activity of 2,000 units for the 2009 accounting period:

Sales Revenue Variable Costs Contribution Margin Fixed Costs
Net Income
$64,000 (34,000)
30,000 (18,000) $12,000

If National actually produced 1,500 units, the flexible budget would show variable costs of what amount?

Reference no: EM13138779

Questions Cloud

What is noncontrolling interest : what is noncontrolling interest? Where should a noncontrolling interest appear on a consolidated balance sheet? What disclosure is required

Write a one-half page report to a local not-for-profit firm : Write a one-half page report to a local not-for-profit organization or government agency offering a solution to the use it or lose it budgeting problem.

What is the lower and upper limit of the ci : Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. What is the lower and upper limit of the 90% CI?

What is net cash flow from investing : What is net cash flow from operations? What is net cash flow from investing? 10,000; 5,000; (5,000); (15,000)

Flexible budget and variable costs : If National actually produced 1,500 units, the flexible budget would show variable costs of what amount?

Determining biblical interpretation : In regards to Bible interpretation or hermeneutics what's the difference between "meaning" and "application?" What are some basic steps to apply the meaning or principle of a text.

How many business students selected to estimate mean : How many business students must be randomly selected to estimate the mean monthly earnings of business students at one college?

Does mary beth proposal present an ethical dilemma : She believes 10% is the more accurate estimate but knows that both the corporation's internal and external auditors allow some flexibility in estimates. Does Mary Beth's proposal present an ethical dilemma?

What value of the test statistic z in problem is defined : A random sample of 100 doctors results in 83 who indicate that they recommend brand A. The value of the test statistic z in this problem is approximately?

User Account

All Pages