Question
Bowling Company budgeted the following amounts: Variable costs of production: Direct materials 3 pounds @ $0.60 per pound Direct labor 0.5 hr @ $16.00 per
Bowling Company budgeted the following amounts: Variable costs of production: Direct materials 3 pounds @ $0.60 per pound Direct labor 0.5 hr @ $16.00 per hour VOH 0.5 hr @ $2.20 per hour FOH: Materials handling $6,200 Depreciation $2,600 Required: Prepare a flexible budget for 2,500 units, 3,000 units and 3,500 units.
Amount Descriptions | |
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Depreciation | |
Direct labor | |
Direct materials | |
Materials handling | |
Total | |
Total conversion cost | |
Total cost of goods sold | |
Total prime cost | |
Variable overhead |
repare a flexible budget for 2,500 units, 3,000 units and 3,500 units. (Note: Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.)
Bowling Company |
Flexible Budget |
1 |
| 2,500 units | 3,000 units | 3,500 units |
2 | Variable: |
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3 | ||||
4 | ||||
5 | ||||
6 | Fixed overhead: |
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7 | ||||
8 | ||||
9 |
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