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Margies Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering three different sales targets: 6,600 figurines, 7,500 figurines, and
Margies Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering three different sales targets: 6,600 figurines, 7,500 figurines, and 8,400 figurines. Figurines sell for $37 each. The standard cost information for one figurine is as follows:
Direct materials | $6 | |
Direct labor | $10 | |
Variable overhead | $4 | |
Variable operating costs | $2 | |
Annual expected fixed overhead cost | $4,020 | |
Annual expected fixed operating costs | $37,800 |
prepare a flexible budget for tge three sales levels under consideration
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