The amount of utilities cost for July that appears on the flexible budget is12,500*$0.33 = $4.
<h3>Flexible budget </h3>
A flexible budget is one based on different volumes of sales. A flexible budget flexes the static budget for each anticipated level of production. This flexibility allows management to estimate what the budgeted numbers would look like at various levels of sales.
<h3>How do you calculate flexible budget?</h3>
To do this, multiply the total production output by the variable cost of each unit produced. For example, if the total production output is 1,000 products and the variable cost for each unit is $25, the total variable cost is $25,000. You can also calculate average variable costs that are not related to production.
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Answer:
The 21,100 units were started through company during the month
Explanation:
The number of units were started through company during the month is computed as:
Number of units were started = Transferred out units - Ending work in progress units
where
Transferred out units is 24,600
Ending work in progress units is 3,500
Putting the values above:
Number of units were started = 24,600 - 3,500
= 21,100
Therefore, 21,1600 units were started through company during the month.
Note: The beginning work in progress will be considered as number of units in started is computing.
The answer is FALSE. Hope this helps.
Answer:
He will have to come up with a bigger down payment.
His monthly payments will be higher.
Good luck:)
