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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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Answer:

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Van Frank Telecommunications has a patent on a cellular transmission process.
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Answer:

Van Frank Telecommunications

December 31, 2016:

Debit Amortization Expense - Patent $4,400,000

Credit Accumulated Amortization-Patent $4,400,000

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Explanation:

Data and Calculations:

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