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The following fixed budget is based on budgeted sales of 7 0 0 units. Fixed Budget Sales ( 7 0 0 units times $

The following fixed budget is based on budgeted sales of

700

units.

Fixed Budget

Sales

(700

units

\\

times $

830

per unit

)

581, 000

Costs

Direct materials

59, 500

Direct labor

101, 500

Indirect materials

38, 500

Supervisor salary

14, 000

Sales staff commissions

31, 500

Shipping

34, 300

Administrative salaries

43, 200

Depreciation

Machinery

7, 100

Taxes and insurance

4, 100

Sales staff salaries

(

fixed

) 7, 300

Income $

240, 000

Using an activity level of

750

units, prepare a flexible budget.

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