Hanna Lid. has the following information available for March: What is the total direct materials cost on the flexible budget? 

What is the total direct labour costs on the flexible budget? 

What is the total variable overhead costs on the flexible budget? What is the total fixed overhead costs on the flexible budget? 

What is the total production costs on the flexible budget?

Transcribed Image Text:

Units Direct materials Direct labour Variable overhead Fixed overhead Total Total Budget Actual 2,500 2,800 50,125 $0,540 $32,000 $38,680 $55,000 $60,200 $77,500 $92.400 Prepare a flexible budget at the actual output level and use the information to answer the following questions. Units Direct materials Direct labour Variable overhead Fixed overhead Total Total Budget Actual 2,500 2,800 50,125 $0,540 $32,000 $38,680 $55,000 $60,200 $77,500 $92.400 Prepare a flexible budget at the actual output level and use the information to answer the following questions.

Answer rating: 100% (QA)

To calculate the flexible budget for Hanna Lid we need to use the actual number of units produced an... View the full answer