Mathew, Inc. is looking for feedback on performance. The company compares the budget for the year...
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Mathew, Inc. is looking for feedback on performance. The company compares the budget for the year with the actual costs Mathew has the following budgeted data: Budgeted variable costs per unit: Direct materials Direct labor Supplies Indirect labor Power $10.00 12.00 0.50 2.00 0.20 Budgeted fixed overhead for the current year: Supervision $8,000 Depreciation 14,000 Rent 10,000 a) Prepare a flexible budget for production costs for 5,000 units. Circle your answer for total production costs. (10 points) Mathew, Inc. is looking for feedback on performance. The company compares the budget for the year with the actual costs Mathew has the following budgeted data: Budgeted variable costs per unit: Direct materials Direct labor Supplies Indirect labor Power $10.00 12.00 0.50 2.00 0.20 Budgeted fixed overhead for the current year: Supervision $8,000 Depreciation 14,000 Rent 10,000 a) Prepare a flexible budget for production costs for 5,000 units. Circle your answer for total production costs. (10 points)
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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