Question
Wayne Co's production plan for 5,000 units of productionprovided for $25,000 of direct labor, $35,000 of direct materials,and variable overhead charged at $0.36 per unit. Salaries forplant manager totalled $7,500 and fixed utility costs amounted to$2,250. 1. a flexible budget for direct labor at 5,000 units ofproduction would total__________ 2. a flexible budget for direct materials at 5,000 units ofproduction would total_________ Wayne Co's production plan for 5,000 units of productionprovided for $25,000 of direct labor, $35,000 of direct materials,and variable overhead charged at $0.36 per unit. Salaries forplant manager totalled $7,500 and fixed utility costs amounted to$2,250. 1. a flexible budget for direct labor at 5,000 units ofproduction would total__________ 2. a flexible budget for direct materials at 5,000 units ofproduction would total_________
Explanation / Answer
1. a flexible budget for direct labor at 5,000 units ofproduction would total $25,000 2. a flexible budget for direct materials at 5,000 units ofproduction would total $35,000 2. a flexible budget for direct materials at 5,000 units ofproduction would total $35,000