The following static budget is provided: Units28,000 units Sales$280,000 Less variable costs: Manufacturing costs$98,000 Selling and administrative costs$58,800 Contribution Margin$123,200 Less fixed costs: Manufacturing costs$ 44,800 Selling and administrative costs$21,000 Net Income$57,400
The following static budget is provided: Units28,000 units Sales$280,000 Less variable costs: Manufacturing costs$98,000 Selling and administrative costs$58,800 Contribution Margin$123,200 Less fixed costs: Manufacturing costs$ 44,800 Selling and administrative costs$21,000 Net Income$57,400
The following static budget is provided: Units28,000 units Sales$280,000 Less variable costs: Manufacturing costs$98,000 Selling and administrative costs$58,800 Contribution Margin$123,200 Less fixed costs: Manufacturing costs$ 44,800 Selling and administrative costs$21,000 Net Income$57,400
The following static budget is provided: Units28,000 units Sales$280,000 Less variable costs: Manufacturing costs$98,000 Selling and administrative costs$58,800 Contribution Margin$123,200 Less fixed costs: Manufacturing costs$ 44,800 Selling and administrative costs$21,000 Net Income$57,400