Explore BrainMass

Explore BrainMass

    Flexible Budget Fall 2009 - JKS Manufactures

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    JKS manufactures a single product that sells for $60 each. JKS's static budget estimated that 1,200 units would be produced and sold this past month. The actual number of units produced and sold totaled 1,500. Based on these data and the data given below, complete the flexible budget:

    Actual
    Price Variance
    Flexible Budget
    Volume Variance
    Master Budget

    Sales
    $93,000

    Variable Cost
    $60,000

    Contribution Margin
    $1,500 U

    Fixed Cost
    $5,000

    Operating Income
    $7,500

    © BrainMass Inc. brainmass.com June 3, 2020, 11:31 pm ad1c9bdddf
    https://brainmass.com/business/budgets/flexible-budget-fall-manufactures-283079

    Attachments

    Solution Preview

    Check the attached sheet.

    JKS manufactures a single product that sells for $60 each. JKS's static budget estimated that 1,200 units would be produced and sold this ...

    Solution Summary

    The solution prepares Flexible Budget for JKS Manufactures.

    $2.19

    ADVERTISEMENT