Orchard Fresh Inc. purchases fruit from numerous growers and packs fruit boxes and fruit baskets for sale.
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1. Prepare a flexible budget for May, using 200, 240, and 280 direct labor hours.
2. The Cushing High School Parent-Teacher Organization ordered 200 gift baskets from Orchard Fresh to be given to high school teachers and support staff as a thank you for a successful school year. These gift baskets must be ready by May 31 and were not included in the original production budget for May. Without preparing a new overhead budget, what is the new total budgeted overhead for May for Orchard Fresh?
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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