7. Toews Ltd has prepared the following flexible budget for the coming year.The Budgeted level of activity is 7,500 units.Sales250,00075,00060,00030,00045,00022,500Direct materialDirect labourVariable overheadsFixed overheadsProfitIf the budget is flexed to a level of activity of 10,000 units, what would the totalbudgeted cost be?a) £280,000b) £265,000c) £123,750d) £168,750

The variable cost changes with the level of the production and fixed cost remains constant at every…

7. Toews Ltd has prepared the following flexible budget for the coming year. The Budgeted level of activity is 7,500 units. 250,000 75,000 60,000 30,000 45,000 22,500 Sales Direct material Direct labour Variable overheads Fixed overheads Profit If the budget is flexed to a level of activity of 10,000 units, what would the total budgeted cost be? a) £280,000 b) £265,000 c) £123,750 d) £168,750

7. Toews Ltd has prepared the following flexible budget for the coming year. The Budgeted level of activity is 7,500 units. 250,000 75,000 60,000 30,000 45,000 22,500 Sales Direct material Direct labour Variable overheads Fixed overheads Profit If the budget is flexed to a level of activity of 10,000 units, what would the total budgeted cost be? a) £280,000 b) £265,000 c) £123,750 d) £168,750

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...

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