What was the static planning budget amount for direct materials?

What was the static planning budget amount for direct labor?

What was the flexible budget amount for direct materials?

What was the flexible budget amount for direct labor?

What amount of advertising expense would be included in the static planning budget?

What amount of advertising expense would be included in the flexible budget?

What amount of sales salaries and commissions expense would be included in the static planning budget?

What amount of sales salaries and commissions expense would be included in the flexible budget?

Osprey company manufactures widgets. In September they planned on producing and selling 27,000 widgets. However, in September, they actually produced and sold 29,500 widgets. Standard costs per widget for direct manufacturing inputs is as follows: Standard Quantity of Input Standard Rate per Unit of Input Standard Price Direct Materials 4 pounds $5.50 per pound $22 per widget Direct Labor 2 hours $17,00 per hour $34 per widget The company also established the following cost formulas for its selling expenses: Fixed cost per month Variable cost per unit sold $175,000 Advertising Sales salaries and commissions $100,000 $11.00 Shipping expenses $3.00