Moon Knight Ltd., is a retailer and manufacturer of mattresses for hotels across Canada. They provide...
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Moon Knight Ltd., is a retailer and manufacturer of mattresses for hotels across Canada. They provide the following information regarding their product for the month of May Fixed cost per month Cost per mattress Wages and salaries $80,000 Utilities $65,000 Fabric $85 Feathers $115 Rent $33,000 Dye $18 Steaming $22 Shipping $11,000 Administrative $15,000 $33 Required Prepare a flexible budget for the month of May assuming either 1,000, 1,200 or 1,500 were sold in the month (12 marks) Moon Knight Ltd., is a retailer and manufacturer of mattresses for hotels across Canada. They provide the following information regarding their product for the month of May Fixed cost per month Cost per mattress Wages and salaries $80,000 Utilities $65,000 Fabric $85 Feathers $115 Rent $33,000 Dye $18 Steaming $22 Shipping $11,000 Administrative $15,000 $33 Required Prepare a flexible budget for the month of May assuming either 1,000, 1,200 or 1,500 were sold in the month (12 marks)
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