Plush leather seats, selectable driving modes, executive-class seating, and more make the Lexus LS one of the most comfortable cars on the road. Climate Concierge, a Mark Levinson surround-sound system, and available rear entertainment are just some of the goodies available on this model.
What are total budgeted production costs for the year? (CIA adapted) $2,180,000 Brown Company has developed the following sales projections for the calendar year: Normal cash collection experience has been that 50% of sales is collected during the month of sale and 45% in the month following sale. The remaining 5% of sales are never collected).
Operating income is anticipated to be $132,000. Budgeted variable costs are $35 per unit, while fxed costs total $660,000. Actual income for 2015 was a surprising $477,000 on actual sales of 46,000 units at $57 each. Actual variable costs were $33 per unit and fxed costs totaled $627,000.perating income is anticipated to be $132,000. Budgeted variable costs are $35 per unit, while fxed costs total $660,000. Actual income for 2015 was a surprising $477,000 on actual sales of 46,000 units at $57 each. Actual variable costs were $33 per unit and fxed costs totaled $627,000.