Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Question 4:
Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2021. The company has provided the following production data for the production of 10,000 units. Table Q4 shows the
budgeted expenses for the specified production output. Based on the information given, you are required to prepare a budget for a production of 8,000 units
and 12,000 unit for the same product of the company.
Table Q4
Amount (OMR)
4.127
2.625
2.484
1.733
Items
Direct materials
Direct labor
Variable overhead expenses
Fixed overheads
Seling expenses (20% fxed.
80% variable)
Administration expenses (fixed for
al level of production)
Distribution expenses (30% fixed,
70% variable)
1,735
324
481
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Transcribed Image Text:Question 4: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2021. The company has provided the following production data for the production of 10,000 units. Table Q4 shows the budgeted expenses for the specified production output. Based on the information given, you are required to prepare a budget for a production of 8,000 units and 12,000 unit for the same product of the company. Table Q4 Amount (OMR) 4.127 2.625 2.484 1.733 Items Direct materials Direct labor Variable overhead expenses Fixed overheads Seling expenses (20% fxed. 80% variable) Administration expenses (fixed for al level of production) Distribution expenses (30% fixed, 70% variable) 1,735 324 481
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