b1) bridget company

assembling department

Flexible Budget Report

For the Month Ending August 31,2017

c) bridget company

assembling department

Flexible Budget Report

For the Month Ending September 30,2017

Question 4 Bridgeport Company uses budgets in controlling costs. The August 2017 budget report for the company's Assembling Department is as follows. BRIDGEPORT COMPANY Budget Report Assembling Department For the Month Ended August 31, 2017 Difference Budget Actual Favorable Unfavorable Manufacturing Costs Variable costs Direct materials Direct labor Indirect materials Indirect labor $53,760 61,440 29,440 21,760 22,400 11,520 200,320 $52,760 58,240 29,640 21,310 22,200 11,780 195,930 $1,000 Favorable 3,200 Favorable 200 Unfavorable 450 Favorable 200 Favorable 260 Unfavorable 4,390 Favorable Utilities Maintenance Total variable Fixed costs Rent Supervision Depreciation 10,800 18,600 5,500 10,800 18,600 5,500 CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEXT oo Rent Supervision Depreciation Total fixed Total costs 10,800 18,600 5,500 34,900 $235,220 10,800 18,600 5,500 34,900 $230,830 -0- $4,390 Favorable The monthly budget amounts in the report were based on an expected production of 64,000 units per month or 768,000 units per year. The Assembling Department manager is pleased with the report and expects a raise, or at least praise for a job well done. The company president, however, is unhappy with the results for August because only 62,000 units were produced. (a) x Your answer is incorrect. Try again. State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is 34100 34100) variable costs or 1 3 3.09 The formula is $ + variable costs of $ per unit. LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 2 of 10 used