A Winery has an estimated $54,600, $61,200, and $67,800 budgeted costs for the manufacture of 3,000, 4,000, and 5,000 gallons of wine, respectively, next quarter. What are the variable and fixed manufacturing costs in the flexible budget for the Winery?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...
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A Winery has an estimated $54,600, $61,200,
and $67,800 budgeted costs for the manufacture
of 3,000, 4,000, and 5,000 gallons of wine,
respectively, next quarter.
What are the variable and fixed manufacturing
costs in the flexible budget for the Winery?
Transcribed Image Text:A Winery has an estimated $54,600, $61,200, and $67,800 budgeted costs for the manufacture of 3,000, 4,000, and 5,000 gallons of wine, respectively, next quarter. What are the variable and fixed manufacturing costs in the flexible budget for the Winery?
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