Reference no: EM132686032
Problem - Flexible Budget for Fabrication Department
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Trim Assembly. Assume the following information for the Fabrication Department:
Steel per filing cabinet 50 pounds
Direct labor per filing cabinet 18 minutes
Supervisor salaries $160,000 per month
Depreciation $25,000 per month
Direct labor rate $23 per hour
Steel cost $1.85 per pound
Required - Prepare a flexible budget for 12,000, 15,000, and 18,000 filing cabinets for the month of October 2012, assuming that inventories are not significant.
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Problem - Flexible Budget for Fabrication Department
: Prepare a flexible budget for 12,000, 15,000, and 18,000 filing cabinets for the month of October 2012, assuming that inventories are not significant
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