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Calculate the flexed budget for the cost of production

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Reference no: EM132978061

Question - Company RHT makes electric toasters. The following information relates to the last month:

Budgeted Output = 28,200 toasters

Budgeted Sales = 28,900 toasters

Opening inventory of toasters = 1300

Budgeted inventory decrease = 700 toasters

Actual Output = 29,500 toasters

Standard cost of one toaster = £37

Actual Cost of one toaster = £30

Required - Calculate the flexed budget for the cost of production for last month.

Reference no: EM132978061

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