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Flexible Budget for Various Levels of Production Budgeted amounts for the year: Materials Labor VOH Required: 2 leather strips @ $7.00 1.5 hr. @ $18.00

Flexible Budget for Various Levels of Production

Budgeted amounts for the year:

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Materials Labor VOH Required: 2 leather strips @ $7.00 1.5 hr. @ $18.00 1.5 hr. @ $1.20 $6,800 1. Prepare a flexible budget for 3,500, 4,000, and 4,500 units. Flexible Budget Variable Cost per Unit 3,500 units 4,000 units 4,500 units Direct materials Direct labor Variable overhead Fixed overhead Total

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