d) 87,000 Depreciation (all short-term fixed) 70,000 535,222 Operating income $ 798,178 Required: 1. During the year, the company manufactured and sold 57,000 units of product. Prepare a flexible budget for this level of output. 2. Now suppose that the actual level of output was 67,000 units. Prepare a flexible budget for this output level.

Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.