Question: The master budget at Windsor, Inc., last period called for sales of 90,000 units at $36 each. The costs were estimated to be $15 variable

The master budget at Windsor, Inc., last period called for sales of 90,000 units at $36 each. The costs were estimated to be $15 variable per unit and $900,000 fixed. During the period, actual production and actual sales were 92,000 units. The selling price was $36.45 per unit. Variable costs were $17.70 per unit. Actual fixed costs were $900,000.
Required
Prepare a flexible budget for Windsor.

Step by Step Solution

★★★★★

3.44 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Calculations Master budget dollar amount Sales revenue 90000 units x 36 per un... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

108-B-M-A-P-E (447).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

The master budget at Western Company last period called for sales of 225,000 units at $9 each. The costs were estimated to be $3.75 variable per unit and $225,000 fixed. During the period, actual...

The same company finds the price-demand relation can be modelled by x = 20- Find (a) elasticity of demand; (b) the elasticity when price is $10; (c) if we increase the price from $10 to a higher...

The master budget at Windsor, Inc., last period called for sales of 85,000 units at $24.50 each. The costs were estimated to be $8.40 variable per unit and $550,000 fixed. During the period, actual...

The master budget at Windsor, Inc., last period called for sales of 90,000 units at $36 each. The costs were estimated to be $15 variable per unit and $900,000 fixed. During the period, actual...

The master budget at Windsor, Inc., last period called for sales of 90,000 units at $12 each. The costs were estimated to be $5 variable per unit and $300,000 fixed. During the period, actual...

The master budget at Windsor, Inc., last period called for sales of 180,000 units at $$12$ each. The costs were estimated to be $$5$ variable per unit and $$300,000$ fixed. During the period,...

16-17. Flexible Budgeting The master budget at Windsor, Inc., last period called for sales of 90,000 units at $12 each. The costs were estimated to be $5 variable per unit and $300,000 fixed. During...

Philippine Mechanical Code mentions the use of noise control on machines housed in industrial buildings for compliance to noise standards. In relation to this, answer the following questions: 1. What...

For the beam and loading shown, determine (a) The distance a for which the maximum absolute value of the bending moment in the beam is as small as possible, (b) The corresponding value of M max. 14...

4. In this exercise, you learn about the Format menus Align, Make Same Size, and Center in Form options. a. Open the VB2015\Chap01\Format Solution\Format Solution (Format Solution.sln) file. If...

Zesto Company (a U.S. company) establishes a subsidiary in Mexico on January 1, Year 1. The subsidiary begins the year with 1,000,000 Mexican pesos (MXN) in cash and no other assets or liabilities....

If a population proportion is .28 and if the sample size is 140, 30% of the time the sample proportion will be less than what value if you are taking random samples?

The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the...

Two processes in a manufacturing line are performed manually: operation A and operation B. A random sample of 50 different assemblies using operation A shows that the sample average time per assembly...

The Year 1 financial statements of the Brazilian subsidiary of Artemis Corporation (a Canadian company) revealed the following: Brazilian Reals (BRL) Beginning inventory ..100,000 Purchases ..500,000...

Project benefits may come from a variety of sources. Match the examples of these project benefits to their terms. LO 17-3

Gulf States Manufacturing has the following data from year 1 operations, which are to be used for developing year 2 budget estimates: All depreciation charges are fixed. Old manufacturing equipment...

Eco Sacks manufactures cloth shopping bags. The controller is preparing a budget for the coming year and asks for your assistance. The following costs and other data apply to bag production: You...

Haggstrom, Inc., manufactures steel fittings. Each fitting requires both steel and an alloy that allows the fitting to be used under extreme conditions. The following data apply to the production of...

Which of the following statements is CORRECT? a. Potential agency problems can arise between stockholders and managers, because managers hired as agents to act on behalf of the owners may instead...

Given a screen that has an input thats takes 2 numbers and it makes a call to an API when you hit enter that sums the two and returns the value and the UI displays the results underneath the input,...

This problem has a few parts, shown in the picture! Use the invNorm command to find zo : (3 pts each: 12 pts total) ROUND the z-values to 3 decimal places. (b) Zo.12 (a) Zo.082 (d) zo.92 (c) Zo.89Do...