Rodger's Cabinet Manufacturers produces one product in a single manufacturing department. It uses flexible budgets that are based on the following manufacturing data for the month of July: Direct materials $8 per unit Direct labor $5 per unit Electric power (variable) $0.30 per unit Electric power (fixed) $4,000 per month Supervisor salaries $25,000 per month Property taxes on factory $4,000 per month Straight-line depreciation $2,900 per month Prepare a flexible manufacturing budget for Rodger's based on production of 10,000, 15,000, and 20,000 units. Rodger's Cabinet Manufacturers Flexible Manufacturing Budget For the Month Ended July 31 Units of production Variable cost: Direct materials ($8 per unit) Direct labor ($5 per unit) Electric power ($0.30 per unit) Total variable costs Fixed cost: Electric power Supervisor salaries Property taxes Depreciation Total fixed costs Total manufacturing costs

Rodger's Cabinet Manufacturers produces one product in a single manufacturing department. It uses flexible budgets that are based on the following manufacturing data for the month of July: Direct materials $8 per unit Direct labor $5 per unit Electric power (variable) $0.30 per unit Electric power (fixed) $4,000 per month Supervisor salaries $25,000 per month Property taxes on factory $4,000 per month Straight-line depreciation $2,900 per month Prepare a flexible manufacturing budget for Rodger's based on production of 10,000, 15,000, and 20,000 units. Rodger's Cabinet Manufacturers Flexible Manufacturing Budget For the Month Ended July 31 Units of production Variable cost: Direct materials ($8 per unit) Direct labor ($5 per unit) Electric power ($0.30 per unit) Total variable costs Fixed cost: Electric power Supervisor salaries Property taxes Depreciation Total fixed costs Total manufacturing 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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