- Required Prepare A Flexible Budget For Each Of The Three Possible Sales Levels 122 000 132 000 And 142 000 Units Ea 1 (382.81 KiB) Viewed 28 times
- Required Prepare A Flexible Budget For Each Of The Three Possible Sales Levels 122 000 132 000 And 142 000 Units Ea 2 (382.81 KiB) Viewed 28 times
- Required Prepare A Flexible Budget For Each Of The Three Possible Sales Levels 122 000 132 000 And 142 000 Units Ea 3 (268.83 KiB) Viewed 28 times
Required: Prepare a flexible budget for each of the three possible sales levels: 122,000, 132,000, and 142,000 units. Each toaster oven is expected to sell for $24.80. TOASTTOE INC. Flexible Budget Activity (toasters) 132.000 142,000 Variable costs: Total variable costs 0 $ 0 $ 2 Fixed costs: 0 $ Total fixed costs 0 $ Total costs Cost Formula (per toaster) $ 0.00 $ $ CA S 122,000 0 0 14 $ SA S $ 0 0 0
ToasToe Inc. (TI) is a manufacturer of heating elements for toaster ovens. To improve control over operations, the president wants to install a flexible budgeting system, rather than the single master budget being used at present. The following data are available for expected costs for production. The relevant range of production levels for fixed overhead costs is 90,000 to 200,000 units: Variable costs: Manufacturing Administrative $10.00/unit $7.00/unit $5.00/unit Selling Fixed costs: $ 221,600 Manufacturing Administrative $ 120,000 Required: Prepare a flexible budget for each of the three possible sales levels: 122,000, 132,000, and 142,000 units. Each toaster oven is expected to sell for $24.80.