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Author Question: SnoGo, Inc., produces ergonometric tool used for snow removal. The company's static budget income ... (Read 57 times)

MirandaLo

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on: Jan 5, 2020
SnoGo, Inc., produces ergonometric tool used for snow removal.  The company's static budget income statement for January follows. It is based on expected sales volume of 5,500 tools.

SnoGo Inc
Static Budget Income Statement
Month Ended January 31
Sales revenue$82,500
Variable expenses:
 Cost of goods sold $31,625
 Sales commissions 6,875
 Utilities expense 5,500
Fixed expenses:
 Salary expense15,000
 Depreciation expense 10,000
 Rent expense5,000
 Utilities expense  2,500
Total expenses$ 76,500
Operating income$6,000

SnoGo's manufacturing capacity is 6,250 tools. If actual volume exceeds 6,250 tools, the company must expand the plant. In that case, salaries will increase by 10%, depreciation by 15%, and rent by $1,500. Fixed utilities will be unchanged by any volume increase.

Prepare flexible budget income statements for the company, showing output levels of 5,500, 6,000 and 6,500 tools.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by MirandaLo on Jan 5, 2020

kescobar@64

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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MirandaLo

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Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it

sailorcrescent

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Reply 3 on: Yesterday
Gracias!

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