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  3. a. prepare a flexible budget for the actual units

a. Prepare a flexible budget for the actual units produced for...

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Accounting

a. Prepare a flexible budget for the actual units produced for May, June, and July in the Machining Department. Assume depreciation
is a fixed cost. If required, use per unit amounts carried out to two decimal places.
Hagerstown Company
Machining Department Budget
For the Three Months Ending July 31
b. Compare the flexible budget with the actual expenditures for the first three months.
May
June
July
Total flexible budget
Actual cost
Excess of actual cost over budget
What does this comparison suggest?
The Machining Department has performed better than originally thought.
The department is spending more than would be expected.
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