ACTIVITY FLEXIBLE BUDGET Cablis Company provided information on the following four overhead activities Driver Fixed Variable Rate Activity Maintenance Machining Setting up Purchasing Driver Machine hours Setups Purchase orders $40,000 25,000 75,000 Cablinois has found that the following driver levels are associated with two different levels of production Required: Machine hours Machine hours Setups Purchase orders Prepare an Cost 40.000 units 60,000 50 10,000 $2.50 3.00 2.250 6.00 le budget 60,000 units 90,000 70 16.000
ACTIVITY FLEXIBLE BUDGET Cablis Company provided information on the following four overhead activities Driver Fixed Variable Rate Activity Maintenance Machining Setting up Purchasing Driver Machine hours Setups Purchase orders $40,000 25,000 75,000 Cablinois has found that the following driver levels are associated with two different levels of production Required: Machine hours Machine hours Setups Purchase orders Prepare an Cost 40.000 units 60,000 50 10,000 $2.50 3.00 2.250 6.00 le budget 60,000 units 90,000 70 16.000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![ACTIVITY FLEXIBLE BUDGET
Cabimis Company provided information on the following four overhead activities
Driver Fixed
Variable Rate
Activity
Maintenance
Machining
Setting up
Purchasing
$40,000
25,000
75,000
Cablimia, has found that the following driver levels are associated with two different levels of
production
Driver
Machine hours
Setups
Purchase orders
Machine hours
Machine hours
Setups
Purchase orders
Cost
40.000 units
60,000
50
10,000
$2.50
3.00
2,250
6.00
Required:
1. Prepare an activity-based flexible budget
60,000 units
90,000
70
16.000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffc5dd71d-51fa-441f-9ebc-9ba33f9dfb0d%2Fa3b30e5b-5cdc-4dee-aa66-0d2c50cadc1a%2F85m07t_processed.png&w=3840&q=75)
Transcribed Image Text:ACTIVITY FLEXIBLE BUDGET
Cabimis Company provided information on the following four overhead activities
Driver Fixed
Variable Rate
Activity
Maintenance
Machining
Setting up
Purchasing
$40,000
25,000
75,000
Cablimia, has found that the following driver levels are associated with two different levels of
production
Driver
Machine hours
Setups
Purchase orders
Machine hours
Machine hours
Setups
Purchase orders
Cost
40.000 units
60,000
50
10,000
$2.50
3.00
2,250
6.00
Required:
1. Prepare an activity-based flexible budget
60,000 units
90,000
70
16.000
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