A Company's Flexible Budget for 15,000 Units of Production Showed

question 106

Multiple Choice

A company's flexible budget for 15,000 units of production showed sales of $48,000, variable costs of $18,000, and fixed costs of $12,000. The operating income in the master budget for 20,000 units, to the nearest dollar, would be:

• A) $8,000.
• B) $13,500.
• C) $24,000.
• D) $28,000.
• E) $30,000.

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Definitions:

Circulatory System

The body system that circulates blood throughout the body, delivers nutrients and oxygen to cells, and removes waste products, encompassing the heart, blood vessels, and blood.

Polar Bears

Polar bears are large, carnivorous bears found primarily in the Arctic region, well adapted to cold temperatures with their thick fur and fat layers.

Organ System

In multicelled organisms, set of interacting organs that carry out a particular body function.

Quantitative Results

Outcomes of an experiment or research that are measurable and can be expressed in numerical values.