6. Broker Corporation's budget shows straight-line depreciation on machinery of P 516,000 based on the annual production volume of 130,200 units of product. In July, it produced 8,170 units of product, and the accounts had actual depreciation on machinery of P 41,000. It controls manufacturing costs with a flexible budget. The flexible budget for the depreciation of the machine for July is:

6. Broker Corporation's budget shows straight-line depreciation on machinery of P 516,000 based on the annual production volume of 130,200 units of product. In July, it produced 8,170 units of product, and the accounts had actual depreciation on machinery of P 41,000. It controls manufacturing costs with a flexible budget. The flexible budget for the depreciation of the machine for July is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Broker Corporation’s budget shows straight-line depreciation on machinery of P 516,000 based on the annual production volume of 130,200 units of product. In July, it produced 8,170 units of product, and the accounts had actual depreciation on machinery of P 41,000. It controls manufacturing costs with a flexible budget. The flexible budget for the depreciation of the machine for July is: