Solution-Prepare a static budget analysis of production cost

Prepare a static budget analysis of production cost

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Reference no: EM132056463

Question - The following budgeted and actual volume and cost data are for Marchof this year:

	Budget	Actual
Volume	40,000	36,000
Budgeted manufacturing costs:
Variable costs per unit:
Direct materials	$30.00
Direct labor	15.00
Overhead	5.00
Total fixed overhead costs	$400,000
Actual manufacturing costs:
Direct materials		$1,160,000
Direct labor		580,000
Variable overhead		180,000
Fixed overhead		396,000

Prepare a static (40,000) budget analysis of production costs for March of this year.

Prepare a flexible (36,000) budget analysis of production costs for March of this year.

Reference no: EM132056463

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Prepare a static budget analysis of production cost

Reference no: EM132056463

Reference no: EM132056463

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