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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 20 minutes Supervisor salaries $132,000 per month Depreciation $25,000 per month Direct labor rate $18 per hour Prepare a flexible budget for 9,000, 11,000, and 14,000 filing cabinets for the month ending February 28 in the Assembly Department similar to Exhibit 5. Round your final answers to the whole dollar, if required. Cabinaire Inc. Assembly Department Budget For the Month Ending February 28 (assumed data) Units of production 9,000 11,000 14,000 Variable cost: Direct labor v Total variable cost Fixed cost: Supervisor salaries v Depreciation Total fixed cost Total department costs

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 20 minutes Supervisor salaries $132,000 per month Depreciation $25,000 per month Direct labor rate $18 per hour Prepare a flexible budget for 9,000, 11,000, and 14,000 filing cabinets for the month ending February 28 in the Assembly Department similar to Exhibit 5. Round your final answers to the whole dollar, if required. Cabinaire Inc. Assembly Department Budget For the Month Ending February 28 (assumed data) Units of production 9,000 11,000 14,000 Variable cost: Direct labor v Total variable cost Fixed cost: Supervisor salaries v Depreciation Total fixed cost Total department costs

FINANCIAL ACCOUNTING
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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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 20 minutes Supervisor salaries $132,000 per month Depreciation $25,000 per month Direct labor rate $18 per hour Prepare a flexible budget for 9,000, 11,000, and 14,000 filing cabinets for the month ending February 28 in the Assembly Department similar to Exhibit 5. Round yo final answers to the whole dollar, if required. Cabinaire Inc. Assembly Department Budget For the Month Ending February 28 (assumed data) Units of production 9,000 11,000 14,000 Variable cost: Direct labor v Total variable cost Fixed cost: Supervisor salaries $4 Depreciation v Total fixed cost Total department costs
Transcribed Image Text: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 20 minutes Supervisor salaries $132,000 per month Depreciation $25,000 per month Direct labor rate $18 per hour Prepare a flexible budget for 9,000, 11,000, and 14,000 filing cabinets for the month ending February 28 in the Assembly Department similar to Exhibit 5. Round yo final answers to the whole dollar, if required. Cabinaire Inc. Assembly Department Budget For the Month Ending February 28 (assumed data) Units of production 9,000 11,000 14,000 Variable cost: Direct labor v Total variable cost Fixed cost: Supervisor salaries $4 Depreciation v Total fixed cost Total department costs
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