Blossom, Inc. prepared the following master budget items for July: Production and sales Variable manufacturing costs:...

Transcribed Image Text:

Blossom, Inc. prepared the following master budget items for July: Production and sales Variable manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing costs Total manufacturing costs 38,000 units $ 38,000 $ 68,400 $ 76,000 $180,000 $362,400 During July, Blossom actually sold 44,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your intermediate calculations.) Production and Sales Variable Manufacturing Costs: units Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Total Manufacturing Costs Blossom, Inc. prepared the following master budget items for July: Production and sales Variable manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing costs Total manufacturing costs 38,000 units $ 38,000 $ 68,400 $ 76,000 $180,000 $362,400 During July, Blossom actually sold 44,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your intermediate calculations.) Production and Sales Variable Manufacturing Costs: units Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Total Manufacturing Costs Blossom, Inc. prepared the following master budget items for July: Production and sales Variable manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing costs Total manufacturing costs 38,000 units $ 38,000 $ 68,400 $ 76,000 $180,000 $362,400 During July, Blossom actually sold 44,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your intermediate calculations.) Production and Sales Variable Manufacturing Costs: units Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Total Manufacturing Costs Blossom, Inc. prepared the following master budget items for July: Production and sales Variable manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing costs Total manufacturing costs 38,000 units $ 38,000 $ 68,400 $ 76,000 $180,000 $362,400 During July, Blossom actually sold 44,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your intermediate calculations.) Production and Sales Variable Manufacturing Costs: units Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Total Manufacturing Costs

Answer rating: 100% (QA)

Answer Explanation Flexible budget Production and Sales ... View the full answer