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olasank [31]
3 years ago
13

During January, its first month of operations, Flint Company accumulated the following manufacturing costs: raw materials purcha

sed $4,400 on account, factory labor $6,200, and utilities payable $2,100. In January, requisitions of raw materials for production are as follows: Job 1 $950, Job 2 $1,300, Job 3 $800, and general factory use $610. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).

Business
1 answer:
VashaNatasha [74]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Xelga [282]

Answer:

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Explanation:

To determine the flexible budget we must first calculate the variable costs of producing 8,000 units:

direct labor per unit = $40,000 / 5,000 units = $8 per unit

electric power per unit = $5,000 / 5,000 units = $1 per unit

total variable cost per unit = $8 + $1 = $9

Total variable costs for 8,000 units = 8,000 units x $9 per unit = $72,000

Total fixed costs = $25,000

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Answer:

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