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Prepare the flexible budget for the three sales levels

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Question - Concord manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,830 canoes, 3,320 canoes, and 3,710 canoes. Canoes sell for $880 each. The standard variable cost information for a canoe is as follows.

Direct materials $299

Direct labor 138

Variable overhead

Utilities 35

Indirect material 30

Indirect labor 60

Total $562

Annual fixed overhead cost is expected to be:

Maintenance $20,500

Depreciation 43,600

Insurance 27,600

Rent 31,310

Total $123,010

Required - Prepare the flexible budget for the three sales levels under consideration.

Reference no: EM132942614

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