Prepare a flexible budget

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Problem - Bowling Company budgeted the following amounts:

Direct materials 3 pounds @ $0.60 per pound

Direct labor 0.5 hr @ $16.00 per hour

VOH 0.5 hr @ $2.20 per hour

Materials handling $6,200

Depreciation $2,600

Required: Prepare a flexible budget for 2,500 units, 3,000 units and 3,500 units.

Refer to the list below for the exact wording of a label or an amount description within your budget.

Depreciation

Direct labor

Direct materials

Materials handling

Total

Total conversion cost

Total cost of goods sold

Total prime cost

Variable overhead

Reference no: EM132044874

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