Flexible Budget for Assembly Department

Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Assembly. Assume the following information for the Assembly Department:

Direct labor per filing cabinet30 minutesSupervisor salaries$84,000 per monthDepreciation$8,500 per monthDirect labor rate$24 per hour

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

Open spreadsheet

Prepare a flexible budget for 5,000, 13,000, and 20,000 filing cabinets for the month of August, similar to Exhibit 5, assuming that inventories are not significant. Enter all amounts as positive numbers.

STEELCASE INC.Assembly Department BudgetMonth Ending August 31(Assumed Data)Units of production 5,000 13,000 20,000Variable costs: Accounts payable Direct laborIndirect laborIndirect materialsSupervisor salaries $ fill in the blank 3 $ fill in the blank 4 $ fill in the blank 5Fixed costs: Accounts payable Direct laborIndirect laborIndirect materialsSupervisor salaries $ fill in the blank 7 $ fill in the blank 8 $ fill in the blank 9DepreciationDirect laborDirect materialsIndirect laborIndirect materials fill in the blank 11 fill in the blank 12 fill in the blank 13Total fixed cost $ fill in the blank 14 $ fill in the blank 15 $ fill in the blank 16Total department costs $ fill in the blank 17 $ fill in the blank 18 $ fill in the blank 19