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A companys manufacturing plans were as follows: Units to be manufactured: 1,000 units Budgeted variable costs: $50,000 [50q ($50 per unit)] Budgeted fixed costs: $30,000
A companys manufacturing plans were as follows:
Units to be manufactured: 1,000 units
Budgeted variable costs: $50,000 [50q ($50 per unit)]
Budgeted fixed costs: $30,000
Budgeted mixed costs: $20,000 [14,000 + 6q ($14,000 fixed + $6 per unit)]
Later, the company actually produced 1,200 units, and incurred variable costs of $52,000; fixed costs of $31,000; and mixed costs of $21,000.
- The flexible budget for 1,200 units will show the total budgeted cost of $_______.
- The amount of the overall spending (total) variance (for all costs together) is $_______
- indicate whether it is favorable or unfavorable.
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