Reflector Glass Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit $7.
Posted: Wed Jul 06, 2022 6:24 am
Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit $7.00 $35,000 1.50 7,500 27,500 Fixed Costs 3,000 Operating Income/(Loss) $24,500 If a flexible budget is prepared at a volume of 7,500 units, calculate the amount of operating income. The production level is within the relevant range. Sales Revenue Variable Costs Contribution Margin A. $3,000 B. $24,500 C. $11,250 $29.250
Reflector Glass