New Rock,Inc.sells video games it has purchased from a local distributor.The following static budget is based on sales of 8,000 games.However,New Rock only sold 7,800 games during the year.Fixed costs are 30% of total operating expenses
Required:
Prepare a flexible budget.

Question

New Rock,Inc.sells video games it has purchased from a local distributor.The following static budget is based on sales of 8,000 games.However,New Rock only sold 7,800 games during the year.Fixed costs are 30% of total operating expenses
  Required:
Prepare a flexible budget.

Quizplus · Accepted Answer

The Answer of New Rock,Inc.sells video games it has purchased from a local distributor.The following static budget is based on sales of 8,000 games.However,New Rock only sold 7,800 games during the year.Fixed costs are 30% of total operating expenses
  Required:
Prepare a flexible budget.