The Following Static Budget Is Provided What Will Budgeted Net Income Equal If 22,000 Units Are

question 101

Multiple Choice

The following static budget is provided: $\begin{array}{lc}\text { Units }& \underline{24,000}\text{Units}\\\text {Sales}&\$ 288,000\\\text {Less variable costs:}\\\text {Manufacturing costs}&\$ 81,600 \\\text {Selling and administrative costs}& \underline{ \$ 45,600 }\\\text { Contribution margin } & \$ 160,800 \\\text { Less fixed costs: } & \\\text { Manufacturing costs } & \$ 43,200 \\\text { Selling and administrative costs } & \underline{\$ 32,400} \\\text { Net income } & \underline{\$ 85,200}\end{array}$ What will budgeted net income equal if 22,000 units are produced and sold? (Do not round intermediate calculations.)

• A) $61,200
• B) $71,800
• C) $264,000
• D) $264,000.

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Definitions:

Nonstandard Speech

A style of speech characterized by limited vocabulary, improper pronunciation, and incorrect grammar. The use of this style is associated with low status and low power.

Ego-centric

Focused on oneself and considering one's own needs and interests over those of others; lacking empathy or consideration for the perspectives of others.

Relative Status

The ranking or position of an individual in relation to others in a social hierarchy or group based on various factors such as wealth, power, or prestige.

Informally

In a casual or unofficial manner, outside the contexts of formal or structured settings.