Business, 17.04.2020 02:10 hotonkylie147

Gundy Company expects to produce 1,246,800 units of Product XX in 2020. Monthly production is expected to range from 84,000 to 118,000 units. Budgeted variable manufacturing costs per unit are: direct materials $3, direct labor $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $3. In March 2020, the company incurs the following costs in producing 101,000 units: direct materials $327,000, direct labor $702,000, and variable overhead $1,119,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March

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Gundy Company expects to produce 1,246,800 units of Product XX in 2020. Monthly production is expect...

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