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Find the above attached question and give the answer properly. 3. The monthly budgets for manufacturing overhead of a concern for two levels of activity
Find the above attached question and give the answer properly.
3. The monthly budgets for manufacturing overhead of a concern for two levels of activity were as follows: Capacity Budgeted production (units) 60% 600 Wages Consumable stores Maintenance Power and fuel Depreciation Insurance 1,200 900 1,100 1,600 4,000 1,000 9,800 100% 1,000 2.000 1,500 1.500 2,000 4,000 1.000 12,000 You are required to: (i) Indicate which of the items are fixed, variable and semi-variable; (ii) Prepare a budget for 80% capacity and (iii) Find the total cost, both fixed and variable per unit of output at 60%, 80% and 100%capacityStep by Step Solution
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