1. Flexible Budget with Different Levels of Production
2. Bowling Company budgeted the following amounts:
3. Variable costs of production: Direct materials 3 pounds @ $0.60 per pound Direct labor 0.5 hr. @ $16.00 per hour VOH 0.5 hr. @ $2.20 FOH: Materials handling $6,200 Depreciation $2,600 Required:
4. Prepare a flexible budget for 2,500 units, 3,000 units, and 3,500 units.
5. Bowling CompanyFlexible Budget
6. 2,500 units 3,000 units 3,500 units
7. Direct materials$
9. Direct labor
10. Variable overhead
11. Fixed overhead:
12. Materials handling
13. Depreciation
14. Total$