Thomas Corporation sells a unit of its product for $12.00,resulting in a contribution margin of $7.00 per unit.Fixed costs are budgeted at $50,000 per quarter for volumes up to 12,000 units and $80,000 for volumes exceeding 12,000 units.
Prepare the flexible budget for the next quarter for volume levels of 11,000,13,000,and 16,000 units.

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The Answer of Thomas Corporation sells a unit of its product for $12.00,resulting in a contribution margin of $7.00 per unit.Fixed costs are budgeted at $50,000 per quarter for volumes up to 12,000 units and $80,000 for volumes exceeding 12,000 units.
Prepare the flexible budget for the next quarter for volume levels of 11,000,13,000,and 16,000 units.

Thomas Corporation Sells a Unit of Its Product for $12