Budget for Fabrication Department Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departme Fabrication and Assembly. Assume the following information for the Assembly Department: Direct labor per filing cabinet Supervisor salaries Depreciation Direct labor rate Prepare a flexible budget for 15,000, 19,000, and 23,000 filing cabinets for the month of August, similar to Exhibit 5, assuming that inventories are not significant. all amounts as positive numbers. 30 minutes $117,000 per month $31,000 per month $15 per hour Steelcase Inc. - Assembly Department Month Ending August 31 (Assumed Data) Units of production Variable cost: Direct labor -✓ 15,000 19,000 23,000

Budget for Fabrication Department Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departme Fabrication and Assembly. Assume the following information for the Assembly Department: Direct labor per filing cabinet Supervisor salaries Depreciation Direct labor rate Prepare a flexible budget for 15,000, 19,000, and 23,000 filing cabinets for the month of August, similar to Exhibit 5, assuming that inventories are not significant. all amounts as positive numbers. 30 minutes $117,000 per month $31,000 per month $15 per hour Steelcase Inc. - Assembly Department Month Ending August 31 (Assumed Data) Units of production Variable cost: Direct labor -✓ 15,000 19,000 23,000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 4E

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