Question
Prepare a planning budget based on the following fictitious data. Fixed Cost per Month Cost per Machine Hour Direct materials $4.25 Direct labor $36,800 Supplies
Prepare a planning budget based on the following fictitious data.
| Fixed Cost per Month | Cost per Machine Hour | |
| Direct materials | $4.25 | |
| Direct labor | $36,800 | |
| Supplies | $.30 | |
| Utilities | $1,400 | $.05 |
| Depreciation | $16,700 | |
| Insurance | $12,700 | |
Note: Utilities should be $1,400 per month plus $.05 per machine-hour. The company expects to work 5,000 machine hours in August. The company's direct labor is a fixed cost for this company.
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Auditing Markets Products And Marketing
Authors: David Parmerlee
1st Edition
0658001337, 978-0658001338
