Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Flexible Budget for varying Levels of Activity $7.10 Nashier Company has the following budgeted variable costs per unit produced: Direct materials Direct labor Variable overhead:

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Flexible Budget for varying Levels of Activity $7.10 Nashier Company has the following budgeted variable costs per unit produced: Direct materials Direct labor Variable overhead: Supplies 1.54 0.23 Maintenance 0.19 Power 0.17 Budgeted fixed overhead costs per month include supervision of $98,000, depreciation of $75,000, and other overhead of $242,000. 1. Prepare a flexible budget for all costs of production for the following levels of production: 160,000 units, 170,000 units, and 175,000 units. Round your answers to the nearest cent, if required. Nashler Company Flexible Budget Variable Range of Range of Range of cost per Production Production Production unit in Units in Units In Units 160,000 170,000 175,000 Production costs: Variable: Direct materials S Direct labor Variable overhead: Supplies Maintenance Power Total variable costs Fixed overhead: Supervision Depreciation Other overhead Nashler Company Flexible Budget Range of Variable Range of Range of Production Production Production cost per in Units in Units in Units unit 160,000 170,000 175,000 Production costs: Variable: Direct materials $ Direct labor Variable overhead: Supplies Maintenance $ $ $ Power Total variable costs Fixed overhead: Supervision Depreciation $ $ $ Other overhead Total fixed costs $ $ $ $ Total production costs A 2. What is the per-unit total product cost for each of the production levels from Requirement 17 (Round each unit cost to the nearest cent.) Per-unit Product Cost 160,000 170,000 175,000 3. What if Nashler Company's cost of maintenance rose to $0.22 per unit? How would that affect the unit product costs calculated in Requirement 2? If required, round your answer to the nearest cent. by s per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operational Auditing

Authors: David G Komatz

1st Edition

B09K24NM14, 979-8751454357

More Books

Students also viewed these Accounting questions