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The master budget at Monroe Manufacturing last period called for sales of 43,400 units at $56 each. The costs were estimated to be $40
The master budget at Monroe Manufacturing last period called for sales of 43,400 units at $56 each. The costs were estimated to be $40 variable per unit and $538,000 fixed. During the period, actual production and actual sales were 46,400 units. The selling price was $55 per unit. Variable costs were $42 per unit. Actual fixed costs were $529,000 Required: Prepare a flexible budget for Monroe Manufacturing Monroe Manufacturing Flexible Budget
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