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Sheffield manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,530 canoes, 3,030 canoes, and 3,870
Sheffield manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,530 canoes, 3,030 canoes, and 3,870 canoes. Canoes sell for $830 each. The standard variable cost information for a canoe is as follows. Direct materials $ 295 Direct labor 117 Variable overhead Utilities 35 Indirect material 30 Indirect labor 60 Total $ 537 Annual fixed overhead cost is expected to be: Maintenance $ 24,400 Depreciation 40,600 Insurance 28,400 Rent 34,020 Total $ 127,420 ACC-650 TOPIC 4 Assignment Question 1 of 11 - / 4 Prepare a flexible budget for the three sales levels under consideration. Unit 2,530 3
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