Question:
Preparing a flexible budget
Using the following per-unit and total amounts, prepare a flexible budget at the 14,000-, 15,000-, and 16,000-unit levels of production and sales for Celestial Products, Inc.:
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Selling price per unit
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$75.00
|
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Direct materials per unit
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$24.00
|
|
Direct labor per unit
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$7.50
|
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Variable factory overhead per unit
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$15.00
|
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Fixed factory overhead
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$75,000
|
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Variable selling and administrative expense per unit
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$12.00
|
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Fixed selling and administrative expense
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$80,000
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