PLEASE FILL IN ACTUAL BLANKS OR MAKE VERY CLEAR. TY!
WileyPLUS × ▼ e Home l Chegg.com ← c을secure https://edugen.wileyplus.com/edugen/lti/main.uni Return to Blackboard WileyPLUsiane gandt, Accounting Principles, 12e BACK NEXT ASSIGNMENT RESOURCES Brief Exercise 24-4 CHAP 24 Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 118,800 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $6, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Brief Exercise 24-4 Prepare a flexible manufacturing budget for the relevant range value using 22,600 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget For the Year 2017 Review Score Re Obiective
Expert Answer
Gundy Company | |||
Monthly Flexible Manufacturing Budget | |||
For the Year 2017 | |||
Production Levels | 73600 | 96200 | 118800 |
Variable Costs: | |||
Direct Material | 220800 | 288600 | 356400 |
Direct Labor | 441600 | 577200 | 712800 |
Overhead | 662400 | 865800 | 1069200 |
Total Variable Cost | 1324800 | 1731600 | 2138400 |
Fixed Costs: | |||
Depreciation | 441600 | 577200 | 712800 |
Supervision | 147200 | 192400 | 237600 |
Total Fixed Cost | 588800 | 769600 | 950400 |
Total Expenses | 1913600 | 2501200 | 3088800 |