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Prego Sauce is in the process of preparing a production cost budget for May. The

ID: 2661310 • Letter: P

Question

Prego Sauce is in the process of preparing a production cost budget for May. The actual costs in April were:

Prego Sauce

Production Cost Budget

April 2010

Production - Jars of sauce

20,000

Ingredient cost (variable)

$16,000

Labor cost (variable)

9,000

Rent (fixed)

4,000

Depreciation (fixed)

6,000

Other (fixed)

1,000

Total

$36,000

Using this information, prepare a budget for May stating the total amount for the May budget. Assume the budget will increase to 24,500 jars of sauce reflecting anticipated sales increase related to a new marketing campaign

Prego Sauce

Production Cost Budget

April 2010

Production - Jars of sauce

20,000

Ingredient cost (variable)

$16,000

Labor cost (variable)

9,000

Rent (fixed)

4,000

Depreciation (fixed)

6,000

Other (fixed)

1,000

Total

$36,000

Explanation / Answer

Hi,


Please find the answer as follows:



Answer is 41625.


Thanks.

May-10 Amount Production - Jars of sauce 24500 Ingredient cost (variable) 19600 Labor cost (variable) 11025 Rent (fixed) 4000 Depreciation (fixed) 6000 Other (fixed) 1000 Total 41625