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Glock, Inc., is looking for feedback on performance. The company compares the budget for the year with the actual costs. Glock had the following budgeted
Glock, Inc., is looking for feedback on performance. The company compares the budget for the year with the actual costs.
Glock had the following budgeted data:
Budgeted variable costs per unit:
Direct materials $11.00
Direct labor 15.00
Supplies 0.80
Indirect labor 1.00
Power 0.10
Budgeted fixed overhead for 2010:
Supervision $ 9,000
Depreciation 13,000
Rent 12,000
Required:
Prepare a flexible budget in Excel for production costs for the following range of activity: 2,500 units; 4,000 units; 6,000 units.
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