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Margie's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering three different sales targets: 6,000 figurines, 7.000 figurines, and
Margie's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering three different sales targets: 6,000 figurines, 7.000 figurines, and 8.000 figurines. Figurines sell for $42 each. The standard cost information for one figurine is as follows: Direct materials Direct labor Variable overhead Variable operating costs Annual expected fixed overhead cost $4,090 Annual expected fixed operating costs $39,800 Prepare a flexible budget for the three sales levels under consideration. 6,000 Units 7,000 Units 8,000 Units
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