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How much is the flexible budget for overhead

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Question - Harris Manufacturing produces white sauce. It uses units as the cost driver for overhead. The following information was provided concerning its standard cost system for 2020:

Budgeted and Standard Data

Actual Data Material 1/4 lb. @ $14 per pound

Produced 6,200 units

Labor 1.4 hrs. @ $16 per hour

Materials purchased 1,600 lbs. for $13.70/pound

Total fixed overhead $84,000

Materials used 1,520 lbs.

Variable overhead $6.60 per unit

Labor worked 8,740 hrs. at $15.90/hour

Production 6,000 units

Total overhead $122,000

Required - How much is the flexible budget for overhead for 2020?

Reference no: EM132976591

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