MC Qu. 75 Based on a predicted level of production... Based on a predicted level of production and sales of 26,000 units, a company anticipates total contribution margin of $72,800, fixed costs of $26,000, and operating income of $46,800. Based on this information, the budgeted operating income for 24,000 units would be:

Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?