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Prepare a flexible budget at 60%, 80% and 100% capacities from the following information: (a) Fixed Expenses (b) Semi-variable expenses at 50% capacity (c) Variable
Prepare a flexible budget at 60%, 80% and 100% capacities from the following information: (a) Fixed Expenses (b) Semi-variable expenses at 50% capacity (c) Variable expenses at 50% capacity Rs 149,500 Rs 89,500 Rs 267,000 Semi-variable expenses remained constant between 40% and 70% capacity, increase by 10% between 70% and 85% capacity and by 15% between 85% and 100% capacity. Sales at 60% capacity are Rs 510,000, at 80% capacity Rs 680,000 and at 100% Rs 850,000 (Assume that all products are sold)
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