QUESTION:

Hanna Ltd. has the following information available for March:

	Total	Total
	Budget	Actual
Units	2,500	2,800
Direct materials	$8,125	$8,540
Direct labour	$32,000	$36,680
Variable overhead	$55,000	$60,200
Fixed overhead	$77,500	$92,400

Prepare a flexible budget at the actual output level and use the information to answer the following questions.

What is the total direct materials cost on the flexible budget?

What is the total direct labour costs on the flexible budget?

What is the total variable overhead costs on the flexible budget?

What is the total fixed overhead costs on the flexible budget?

What is the total production costs on the flexible budget?