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For the production of 10,000 electric automatic irons, the following are the budgeted expenses: Particulars Per Unit ($) Direct Material 60 Direct Labor 30 Direct

For the production of 10,000 electric automatic irons, the following are the budgeted expenses:

Particulars

Per Unit ($)

Direct Material

60

Direct Labor

30

Direct Expenses

05

Variable Factory Overhead

25

Fixed Factory Overheads ($150,000)

15

Selling Expenses

15

Administration Expenses ($50,000 fixed for all levels of production)

5

Distribution Expenses (20% Fixed)

5

Total

160

Prepare a budget of the production of 6000, 7000, and 8000 irons showing distinctly the marginal cost and the total cost.

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