Clipboard EX.22-04 ALGO Flexible Budget for Assembly Department Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet Supervisor salaries Depreciation Direct labor rate 20 minutes $114,000 per month $31,000 per month $24 per hour Prepare a flexible budget for 13,000, 16,000, and 20,000 filing cabinets for the month of August in the Assembly Department. Assuming that inventories are not significant. Enter all amounts as positive numbers. CABINAIRE INC-ASSEMBLY DEPARTMENT Flexible Production Budget For the Month Ending August 31 (assumed data) Units of production Variable cost: Direct labor Total variable cost Fixed cost: Supervisor salaries Depreciation Total fixed cost Total department cost 13,000 16,000 20,000 0000 00 0000 00 10000 00 Page 5 of 6 524 words Text Predictions: On

Clipboard EX.22-04 ALGO Flexible Budget for Assembly Department Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet Supervisor salaries Depreciation Direct labor rate 20 minutes $114,000 per month $31,000 per month $24 per hour Prepare a flexible budget for 13,000, 16,000, and 20,000 filing cabinets for the month of August in the Assembly Department. Assuming that inventories are not significant. Enter all amounts as positive numbers. CABINAIRE INC-ASSEMBLY DEPARTMENT Flexible Production Budget For the Month Ending August 31 (assumed data) Units of production Variable cost: Direct labor Total variable cost Fixed cost: Supervisor salaries Depreciation Total fixed cost Total department cost 13,000 16,000 20,000 0000 00 0000 00 10000 00 Page 5 of 6 524 words Text Predictions: On

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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