(Answered) Moje inc manufactures travel locks the budgeted selling

Finance

Moje, Inc., manufactures travel locks. The budgeted selling price is $19 per lock, the variable cost is $8 per lock, and budgeted fixed costs are $15,000.

Requirement

1. Prepare a flexible budget for output levels of 4,000 locks and 7,000 locks for the month ended April 30, 2012.

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