COST ACCOUNTING
COST VOLUME PROFIT ANALYSIS
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Question
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A company produces and sells a single product. Budgeted sales are $2.4 million, budgeted fixed costs are $360, 000 and the margin of safety is $400, 000. What are budgeted variable costs?
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$1.640 million
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$1.728 million
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$1.968 million
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$2.040 million
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Explanation:
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