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pashok25 [27]
3 years ago
9

Based on predicted production of 24,200 units, a company anticipates $220,000 of fixed costs and $435,600 of variable costs. If

the company actually produces 18,900 units, what are the flexible budget amounts of fixed and variable costs?
Business
1 answer:
Doss [256]3 years ago
8 0

Answer:

Variable cost = $340,200

Fixed cost = $220,000

Explanation:

Given that,

At Predicted production = 24,200 units,

Fixed costs = $220,000

Variable costs = $435,600

Per unit variable cost:

= Variable costs ÷ No. of units produced

= $435,600 ÷ 24,200

= $18 per unit

Total cost at 24,200 units,

= Variable costs + Fixed cost

= $435,600 + $220,000

= $655,600

Total cost at 18,900 units,

= Variable costs + Fixed cost

= ($18 × 18,900) + $220,000

= $340,200 + $220,000

= $560,200

Note: Fixed cost does not changes with the change in the output level.

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Selected Balance Sheet Information
goldenfox [79]

Answer:

$47,000

Explanation:

Computation for the net cash flows from operating activities using the indirect method.

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income $28,000

Adjustments to reconcile net income to

Net cash provided by operating activities

Depreciation expense $15,000

Increase in Accounts Receivable -$2,500 ($8,000-$10,500)

Decrease in inventory $3,000

($21,000-$18,000)

Increase in accounts payable $5,000

(15000-10000)

Decrease in income taxes payable -$1,500 ($1,000-$2,500)

Net cash flows from operating activities $47,000

Therefore the net cash flows from operating activities using the indirect method is $47,000

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3 years ago
Tyrrell's small lumber company aims to fulfill the economic foundation of business. What first step must his company take to ach
olga nikolaevna [1]

The  first step must his company take to achieve this goal is: earn profit.

<h3>What is profit?</h3>

Profit is what a person gain from the sell of products after deducting their expenses and other production cost.

In order for the company to achieve their set goals which is to fulfil the economic foundation business they need to first of all earn profits from their business.

Therefore the company needs to earn profit.

Learn more about profit here:brainly.com/question/24553900

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