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The following information is from Franklin Industries master budget for 2008: Number of units 15,000 Sales revenue $585,000 Direct materials 165,000 Direct labor 90,000 Variable
The following information is from Franklin Industries master budget for 2008:
Number of units | 15,000 |
Sales revenue | $585,000 |
Direct materials | 165,000 |
Direct labor | 90,000 |
Variable factory overhead | 120,000 |
Fixed factory overhead | 75,000 |
Variable selling and administrative expenses | 60,000 |
Fixed selling and administrative expenses | 20,000 |
Prepare flexible budgets for the production and sale of 14,000, 15,000 and 16,000 units, respectively.
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