Pharoah Company expects to produce 1.260,000 units of product XX in 2022. Monthly production is expected to range from 83.300 to 115,900 units. Budgeted variable manufacturing costs per unit are as follows: direct materials $4, direct labour $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision $3. In March 2022, the company incurs the following costs in producing 99.600 units: direct materials $425,400, direct labour $687,200, and variable overhead $1.104,600. Actual fixed overhead equalled budgeted fixed overhead. Prepare a flexible budget report for March (List variable costs before fixed costs.)

Pharoah Company expects to produce 1.260,000 units of product XX in 2022. Monthly production is expected to range from 83.300 to 115,900 units. Budgeted variable manufacturing costs per unit are as follows: direct materials $4, direct labour $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision $3. In March 2022, the company incurs the following costs in producing 99.600 units: direct materials $425,400, direct labour $687,200, and variable overhead $1.104,600. Actual fixed overhead equalled budgeted fixed overhead. Prepare a flexible budget report for March (List variable costs before fixed costs.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6PA: Gent Designs requires three units of part A for every unit of Al that it produces. Currently, part A...

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