Based on a predicted level of production and sales of 30,000 units, a company anticipates total contribution margin of $105,000, fixed costs of $40,000, and income of $65,000. Based on this information, the budgeted income for 28, 000 units would be: Select one: a. $58,000. b. $ 105,000. c. $52,000. d. $135,333. e. $72,500.

Based on a predicted level of production and sales of 30,000 units, a company anticipates total contribution margin of $105,000, fixed costs of $40,000, and income of $65,000. Based on this information, the budgeted income for 28, 000 units would be: Select one: a. $58,000. b. $ 105,000. c. $52,000. d. $135,333. e. $72,500.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1CMA: Taylor Corporation is analyzing the cost behavior of three cost items, A, B, and C, to budget for...

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