Solution-Discuss machine company flexible budget

Discuss machine company flexible budget

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Reference no: EM13513673

In a Machine Company's flexible budget is given below:

INA MACHINE COMPANY

Flexible Budget

Conversion	Cost Volume	Number of Units
Cost	Formula	5,000	6,000	7,000
Direct labor	$7.00	$35,000	$42,000	$49,000
Variable overhead costs:
Supplies	0.90	4,500	5,400	6,300
Utilities	0.15	750	900	1,050
Maintenance	1.25	6,250	7,500	8,750
Total	$9.30	$46,500	$55,800	$65,100

The production budgeted for September was 6,000 units. During the month, the company produced 6,200 units. The conversion costs incurred were:

Direct labor	$44,300
Supplies	6,120
Utilities	965
Maintenance	7,920

Reference no: EM13513673

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Discuss machine company flexible budget

Reference no: EM13513673

Reference no: EM13513673

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