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Prepare flexible budgets for the production and sale

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Reference no: EM132032713

Problem - The following information is from Franklin Industries master budget for 2008:

Number of units 15,000

Sales revenue $585,000

Direct materials 165,000

Direct labor 90,000

Variable factory overhead 120,000

Fixed factory overhead 75,000

Variable selling and administrative expenses 60,000

Fixed selling and administrative expenses 20,000

Prepare flexible budgets for the production and sale of 14,000, 15,000 and 16,000 units, respectively.

Reference no: EM132032713

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