The Machining Department supervisor has been very pleased with this performance because actual expenditures for January-March have been less than the monthly static budget of $912,000. However, the plant manager believes that the budget should not remain fixed for every month but should "flex" or adjust to the volume of work that is produced in the Machining Department. Additional budget information for the Machining Department is as follows:

My Collection - Stations - Pando X CengageNOWv2 | Online teachin X course hero - Bing X Homework Help - Q&A from On x + X C @ https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false . . Ch. 20, Quiz B Costs per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department Total equivalent units Cost per equivalent unit Costs charged to production: Direct Total Materials Conversion Inventory in process, July 1 Costs incurred in July Total costs accounted for by the Roasting Department Cost allocated to completed and partially completed units: Inventory in process, July 1 balance To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July 0 0 0 Transferred to Packing Department in July Inventory in process, July 31 Total costs assigned by the Roasting Department Type here to search O EI W X 11:09 PM 78F ~ (4 4 8/6/2021 731CengageNOWv2 | Online teachin X P ) My Collection - Stations - Pc X course hero - Bing X Course Hero X + X @ https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false . . Ch. 22, Quiz B Static Budget versus Flexible Budget The production supervisor of the Machining Department for Niland Company agreed to the following monthly static budget for the upcoming year: Niland Company Machining Department Monthly Production Budget Wages $795,000 Utilities 44,000 Depreciation 73,000 Total $912,000 The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: Amount Spent Units Produced January $859,000 81,000 February 812,000 73,000 March 777,000 66,000 The Machining Department supervisor has been very pleased with this performance because actual expenditures for January-March have been less than the monthly static budget of $912,000. However, the plant manager believes that the budget should not remain fixed for every month but should "flex" or adjust to the volume of work that is produced in the Machining Department. Additional budget information for the Machining Department is as follows: Wages per hour $18.00 10:43 PM Type here to search O 81.F 8/7/2021 22