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Mini-Exercise 15-1 (Algo) Flexible budget LO 153 Acme Company's production budget for August is 19,300 units and includes the following component unit costs: direct materials,
Mini-Exercise 15-1 (Algo) Flexible budget LO 153 Acme Company's production budget for August is 19,300 units and includes the following component unit costs: direct materials, $9.00; direct labor, $11.80; variable overhead, $5.80. Budgeted fixed overhead is $50,000. Actual production in August was 21,870 units. Required: Prepare a flexible budget that would be used to compare against actual production costs for August. Note: Round "Cost per unit" to 2 decimal places
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