Using the following budgeted information for production of 9,000 and 15,000 units, prepare a flexible budget...

Using the following budgeted information for production of 9,000 and 15,000 units, prepare a flexible budget for 18,000 units.

Production	9,000 units	15,000 units
Expense A	$14,400	$24,000
Expense B	22,000	22,000
Expense C	43,000	43,000

Total expenses $?

2.

The production cost for a waterproof phone case is $6 per unit and fixed costs are $24,000 per month. How much is the favorable or unfavorable variance if 5,600 units were produced for a total of $57,100? Enter the amount as positive number.

Favorable variance $????????????

3.

Halifax Shoes has 30% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $76,000 in June, $69,000 in July, and $90,000 in August?

Cash collected $????

Expert Solution

ekkarill92 answered 7 months ago

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