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Prepare a statement showing the profits or losses

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Reference no: EM133102952

Question - Flexible Co. Ltd., engaged in manufacturing Computer spare parts utilizing 50% capacity and produces 15,000 units per month. The present cost break-up per unit is given below:

Material Rs 12

Labour Rs 4

Overhead Rs 6 (50% Fixed)

Sale price Rs 25 per unit

If it is decided to work at 60% capacity, the selling price falls by 5%. At 80% capacity, the selling price falls by 10% whereas material price falls by 5% in both the cases. You are required to prepare a statement (flexible budget) showing the profits/losses at 50%, 60% and 80% capacity utilization.

Reference no: EM133102952

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