Please solve it ASAP with all requirements Q.7. Toews Ltd has prepared the following flexible budget for the coming year. The Budgeted level of activity is 7,500 units. £ Sales 250,000 Direct material 75,000 Direct labour 60,000 Variable overheads 30,000 Fixed overheads 45,000 Profit 22,500 If the budget is flexed to a level of activity of 10,000 units, what would the total budgeted cost be? a) £280,000 b) £265,000 c) £123,750 d) £168,750

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please solve it ASAP with all requirements
Q.7. Toews Ltd has prepared the following
flexible budget for the coming year. The
Budgeted level of activity is 7,500 units. £ Sales
250,000 Direct material 75,000 Direct labour
60,000 Variable overheads 30,000 Fixed
overheads 45,000 Profit 22,500 lf the budget is
flexed to a level of activity of 10,000 units, what
would the total budgeted cost be? a) £280,000
b) £265,000 c) £123,750 d) £168,750
Transcribed Image Text:Accounting Please solve it ASAP with all requirements Q.7. Toews Ltd has prepared the following flexible budget for the coming year. The Budgeted level of activity is 7,500 units. £ Sales 250,000 Direct material 75,000 Direct labour 60,000 Variable overheads 30,000 Fixed overheads 45,000 Profit 22,500 lf the budget is flexed to a level of activity of 10,000 units, what would the total budgeted cost be? a) £280,000 b) £265,000 c) £123,750 d) £168,750
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