Please do not give solution in image format thanku ExtraPrepare a flexible budget for the production of 80% and 100% activity on the basis of thefollowing information.Production at 50% CapacityRaw Material OMR 80 per unitDirect LaborOMR 50 per unitDirect Expenses OMR 15 per unitFactory Expenses5,000 UnitsOMR 50,000 (50) (Fixed)Administration Expenses OMR 60,000 (Variable)

Lets understand the basics.A flexible budget is prepared on the basis of the budgeted rate i.e.…

Answered: Production at 50% Capacity Raw Material…

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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Production at 50% Capacity Raw Material OMR 80 per unit Direct Labor OMR 50 per unit Direct Expenses OMR 15 per unit Factory Expenses 5,000 Units OMR 50,000 (50) (Fixed) Administration Expenses OMR 60,000 (Variable)