Prepare a flexible budget for pulam based on actual sales

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Reference no: EM131965688

Problem

Pulam, Inc. prepared the following master budget items for July.

Budgeted Production and Sales 30,000 units

Variable Manufacturing Costs:

Direct Materials $45,000

Direct Labor $60,000

Variable Overhead $75,000

Fixed Overhead $100,000

Total Manufacturing Costs $280,000

During July, Pulam actually sold 24,000 units. Prepare a flexible budget for Pulam based on actual sales.

Be sure to show total flexible budgeted costs for direct materials, direct labor, variable overhead, fixed costs and total costs just like the original budget.

Reference no: EM131965688

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