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Hexible Budget for Assembly Department Steelcase Inc. is one of the largest manufacturers of office furniture in the United States, In Grand Rapids, Michigan, it
Hexible Budget for Assembly Department Steelcase Inc. is one of the largest manufacturers of office furniture in the United States, In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Assembly. Assume the following information for the Assembly Departments Direct labor per filing cabinet 20 minutes Supervisor salaries Depreciation $117,000 per month $7,000 per month Direct labor rate $24 per hour This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below repare a flexible budget for 4,000, 10,000, and 16,000 filing cabinets for the month of August, similar to Exhibit 5, assuming that inventories are mot significant. Enter all amounts as positive numbers. STEELCASE INC. Assembly Department Budget Month Ending August 31 (Assumed Data) Units of production 4,000 10,000 16,000 Variable costs: Accounts payable 3 $ Fixed costs: 5 S Total fixed cost Total department costs
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