Denzo tins static budget at 10,000 units of production includes P40,000 for direct labor and P4,000 for electric power. Total fixed costs are P24,000. At 12,000 units of production, a flexible budget would show a.variable costs of P44,000 and P24,000 of fixed costs b.variable costs of P52,800 and P24,000 of fixed costs

Denzo tins static budget at 10,000 units of production includes P40,000 for direct labor and P4,000 for electric power. Total fixed costs are P24,000. At 12,000 units of production, a flexible budget would show a.variable costs of P44,000 and P24,000 of fixed costs b.variable costs of P52,800 and P24,000 of fixed costs

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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Jase Manufacturing Co.'s static budget at 7,700 units of production includes $30,800 for direct labor and $3,080 for electric power. Total fixed costs are $41,500. At 10,700 units of production, a flexible budget would show a.variable costs of $47,080 and $41,500 of fixed costs b.variable costs of $33,880 and $41,500 c.variable and fixed costs totaling $75,380 d.variable costs of $47,080 and $57,669 of fixed costs
The fixed budget for 21,700 units of production shows sales of $564,200; variable costs of $65,100; and fixed costs of $143,000. If the compamy actually produces and sells 27,500 units, calculate the flexible budget income.
Miller and Sons' static budget for 10,500 units of production includes $43,700 for direct materials, $53,400 for direct labor, variable utilities of $8,000, and supervisor salaries of $15,700. A flexible budget for 12,900 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. Oa. total variable costs of $120,800 Ob. the same cost structure in total Oc. direct materials of $53,689, direct labor of S65,606, utilities of $9,829, and supervisor salaries of $18,840 Od. direct materials of $53,689, direct labor of $65,606, utilities of $9,829, and supervisor salaries of $15,700
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Based on predicted production of 24,300 units, a company budgets $320,000 of fixed costs and $461,700 of variable costs. If the company actually produces 19,100 units, what are the flexible budget amounts of fixed and variable costs?
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