Sheffield Company expects to produce 1,320,000 units of Product XX in 2025. Monthly production is expected...
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Sheffield Company expects to produce 1,320,000 units of Product XX in 2025. Monthly production is expected to range from 88,000 to 132,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 22,000 unit increments. (List variable costs before fixed costs.) Activity Level Finished Units Variable Costs SHEFFIELD COMPANY Monthly Flexible Manufacturing Budget For the Year 2025 88000 110000 Direct Materials $ 440000 $ 550000 $ Direct Labor Overhead 528000 704000 660000 880000 Total Variable Costs 1672000 2090000 Fixed Costs Depreciation Supervision Total Fixed Costs Total Costs $ $ $ 1320000 Sheffield Company expects to produce 1,320,000 units of Product XX in 2025. Monthly production is expected to range from 88,000 to 132,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 22,000 unit increments. (List variable costs before fixed costs.) Activity Level Finished Units Variable Costs SHEFFIELD COMPANY Monthly Flexible Manufacturing Budget For the Year 2025 88000 110000 Direct Materials $ 440000 $ 550000 $ Direct Labor Overhead 528000 704000 660000 880000 Total Variable Costs 1672000 2090000 Fixed Costs Depreciation Supervision Total Fixed Costs Total Costs $ $ $ 1320000
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