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Discuss machine company flexible budget

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Reference no: EM13513673

In a Machine Company's flexible budget is given below:

INA MACHINE COMPANY

Flexible Budget

Conversion

Cost

Volume

Number of Units

Cost

Formula

5,000

6,000

7,000

Direct labor

$7.00

$35,000

$42,000

$49,000

Variable overhead costs:



Supplies

0.90

4,500

5,400

6,300

Utilities

0.15

750

900

1,050

Maintenance

1.25

6,250

7,500

8,750

Total

$9.30

$46,500

$55,800

$65,100







The production budgeted for September was 6,000 units. During the month, the company produced 6,200 units. The conversion costs incurred were:

Direct labor

$44,300

Supplies

6,120

Utilities

965

Maintenance

7,920

 

Reference no: EM13513673

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