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Perkins Company provides the following data developed for its master budget: Sales price 11.00 per unit Costs: Direct materials 3.00 per unit Direct labor 4.25
Perkins Company provides the following data developed for its master budget:
Sales price 11.00 per unit
Costs:
Direct materials 3.00 per unit
Direct labor 4.25 per unit
Variable overhead 0.50 per unit
factory depreciation is 12,000 per month
supervision is 11,000 per month
selling expense is 0.25 per unit
administrative cost 9,000 per month
Required: Prepare flexible budgets for sales of 20,000, 22,000 and 24,000 units. Use a contribution margin format.
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