(Answered) Question - jackie makes and sells handmade beaded jewlry

Accounting

Question - Jackie makes and sells handmade beaded jewlry. She anticipates selling 100 necklaces in March and prepared the following static budget as a result:

at 100 units sales revenue $3,500

Variable costs:

Direct materials 500

Direct labor 800

Overhead 300

Fixed costs: 400

Net income $1,500

During March, Jackie actually produced and sold 120 necklaces. Prepare a flexible budget for the month of March.

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