Question: Thorndark, Inc., produces sandals. Data for the second quarter are as follows: Required: Calculate the flexible budget cost of materials. Master Budget Actual Data Budgeted

Thorndark, Inc., produces sandals. Data for the second quarter are as follows:

Master Budget Actual Data Budgeted production: Actual production: 4,500 4,630 units Materials: 2 leather strips @ $3.00

Required:
Calculate the flexible budget cost of materials.

Master Budget Actual Data Budgeted production: Actual production: 4,500 4,630 units Materials: 2 leather strips @ $3.00 Materials cost: $28,350 Labour: 0.5 hr. @ $21.00 Labour cost: $46,780

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