XYZ CORPORATION produces electrical appliances. Its Assembly Department operates under a flexible budget, with monthly allowances established at 20% intervals. The following information shows fixed and total expenses at the 80% and 100% level. Total Cost Fixed 80% 100% Direct materials Rs. 16,000 Rs. 20,000 Direct labor 9,000 11,250 Supervision Rs. 900 900 900 Indirect materials 250 1,450 1,750 Property Tax 600 600 600 Maintenance 600 1,400 1,600 Power 200 280 300 Insurance 175 175 175 Depreciation 2,600 2,600 2,600 Required:Prepare a flexible budget at the 94% level.

XYZ CORPORATION produces electrical appliances. Its Assembly Department operates under a flexible budget, with monthly allowances established at 20% intervals. The following information shows fixed...

XYZ CORPORATION produces electrical appliances. Its Assembly Department operates under a flexible budget, with monthly allowances established at 20% intervals. The following information shows fixed and total expenses at the 80% and 100% level.

		Total Cost
	Fixed	80%	100%
Direct materials		Rs. 16,000	Rs. 20,000
Direct labor		9,000	11,250
Supervision	Rs. 900	900	900
Indirect materials	250	1,450	1,750
Property Tax	600	600	600
Maintenance	600	1,400	1,600
Power	200	280	300
Insurance	175	175	175
Depreciation	2,600	2,600	2,600

Required:Prepare a flexible budget at the 94% level.

Sep 05, 2022

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XYZ CORPORATION produces electrical appliances. Its Assembly Department operates under a flexible budget, with monthly allowances established at 20% intervals. The following information shows fixed...

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