Budgeted Fixed advertising expenses: $9,000

Budgeted Fixed sales expenses: $25,000

Budgeted Fixed shipping expenses: $15,500

The planning budget for April 2021 was based on producing and selling 3,000 units. However, during April the company actually produced and sold 2,900 units, at a selling price of $300 per unit, and incurred the following costs:

1. Purchased 14,000 pounds of raw materials at a cost of $15 per pound. All of this material was used in production.
2. Direct laborers worked 6,000 hours at a rate of $16.00 per hour
3. Total variable manufacturing overhead for the month was $65,000

ACTUAL: Total fixed advertising expenses were $10,000. Total fixed sales expenses were $24,000. Total fixed shipping expenses were $15,000

14. Prepare three budgets: a Planning Budget at 3,000 units. A Flexible budget at 2,900 units. An Actual Results Budget at 2,900. Use only the data given above.