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
Indirect materials
250
1,450
1,750
Property Tax
600
Maintenance
1,400
1,600
Power
200
280
300
Insurance
175
Depreciation
2,600
Required:Prepare a flexible budget at the 94% level.
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