Spartans Inc. sells Widgets. In January, Spartans forecasted it would sell 5,000 Widgets for 2023. Actual sales were 4,700 Widgets. Use the following information to estimate the Flexible Budget: Standard Costs: Actual Costs Materials - 1.3 pounds plastics 1.25 pounds plastic $3.45 per pound $3.60 per pound Labor 2.50 hours 2.80 hours $11.00 per hour $13.00 per hour Price $48.00 per Widget $52.00 per Widget FMOH $35,000 $42,000 Flexible Budget Materials Costs Flexible Budget Labor Costs
Spartans Inc. sells Widgets. In January, Spartans
Materials - 1.3 pounds plastics 1.25 pounds plastic
$3.45 per pound $3.60 per pound
Labor 2.50 hours 2.80 hours
$11.00 per hour $13.00 per hour
Price $48.00 per Widget $52.00 per Widget
FMOH $35,000 $42,000
Flexible Budget Materials Costs
Flexible Budget Labor Costs
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