Jacob cheese company produces cheese for resale at local grocery stores. the master budget indicates that the company expects to use 4.0 lbs of direct materials for each unit produced at a cost of $7.00 per / lb. (1 unit= 1 batch of cheese). each unit produced will require 0.50 direct labor hours at a cost of $12.00 per hour. Variable manufacturing overhead is applied based on direct labor hours at a rate of $6.00 per hour. Last years sales were expected to total 50,000 units. jake just recieved last years actual results showing sales of 45,000 units.

i need to calculate standard cost per unit for direct materials & direct labor & variable manufacturing overhead.

i need to make a flexible budget based on actual sales for direct materials, direct labor, and variable manufacturing overhead

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