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Houseman Corporation bases its budget on machine-hours. The company's static planning budget for November appears below:

Budgeted number of machine-hours ------------------------- 9,550
Budgeted variable costs:
Supplies (@$3.70 per machine-hour) ---------- $35,335
Power (@$2.40 per machine-hour) ----------------22,920
Budgeted fixed costs:
Salaries ----------------------------------------------- 46,850
Equipment depreciation ---------------------------- 31,250
Total cost ----------------------------------------------------- $136,355

Required: Prepare a flexible budget and total overhead cost at an activity level of 9,850 machine-hours per month.

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  • Reference No.:- M945849

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