$ 22,000 $ 52,800 $ 55,000 $170,000 $299,800 nits. Prepare a flexible budget for Blossom bas

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
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Problem 3PB: TIB makes custom guitars and prepared the following sales budget for the second quarter It also has...
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Blossom, Inc. prepared the following master budget items for July:
Production and sales
22,000 units
Variable manufacturing costs:
Direct materials
$ 22,000
$ 52,800
$ 55,000
$170,000
Direct labor
Variable manufacturing overhead
Fixed manufacturing costs
Total manufacturing costs
$299,800
During July, Blossom actually sold 28,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your
intermediate calculations.)
Production and Sales
units
Variable Manufacturing Costs:
Direct Materials
Direct Labor
Variable Manufacturing Overhead
Fixed Manufacturing Costs
Total Manufacturing Costs
Transcribed Image Text:Blossom, Inc. prepared the following master budget items for July: Production and sales 22,000 units Variable manufacturing costs: Direct materials $ 22,000 $ 52,800 $ 55,000 $170,000 Direct labor Variable manufacturing overhead Fixed manufacturing costs Total manufacturing costs $299,800 During July, Blossom actually sold 28,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your intermediate calculations.) Production and Sales units Variable Manufacturing Costs: Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Total Manufacturing Costs
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