Wytch Corporation bases its budgets on machine-hours. The company's static planning budget for February appears below:Budgeted number of machine-hours 6,000Budgeted variable costs: Supplies (@ $6.90 per machine-hour)$41,400 Power (@ $3.70 per machine-hour) 22,200Budgeted fixed costs: Salaries 51,600 Equipment depreciation 26,400Total expense$ 141,600Required:Prepare a flexible budget for 6,400 machine-hours per month.
What will be an ideal response?
| Wytch Corporation | ||
| Flexible Budget | ||
| Actual machine-hours (q) | 6,400 | |
| Supplies ($6.90q) | $ | 44,160 |
| Power ($3.70q) | 23,680 | |
| Salaries ($51,600) | 51,600 | |
| Equipment depreciation ($26,400) | 26,400 | |
| Total expense | $ | 145,840 |
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What will be an ideal response?
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