Prepare a flexible budget for 12000 15000 and 18000 filing

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Steelcase Inc. is one of the largest manufacturers of office furniture in the United States.In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Trim Assembly.Assume the following information for the Fabrication Department:

Steel per filing cabinet
50 pounds
Direct labor per filing cabinet
18 minutes
Supervisor salaries
$130,000 per month
Depreciation
$20,000 per month
Direct labor rate
$16 per hour
Steel Cost
$1.25 per pound

Prepare a flexible budget for 12,000, 15,000, and 18,000 filing cabinets for the month of October 2008, similar to Exhibit 5, assuming that inventories are not significant.

Reference no: EM13388342

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