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The Machining Department supervisor has been very pleased with this performance because actual expenditures for...

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Accounting

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The Machining Department supervisor has been very pleased with this performance because actual expenditures for May-July have been signincantly less than the monthly static budget of 692,000 . However, the plant manager believes that the budget should not remain fixed for every month but should flex" or adjust to the volum of work that is produced in the Machining Department. Additional budget information for the Machining Department is as follews: a. Prepare a flexble budget for the actual units produced for May, June, and July in the Machining Department. Assume depreciation is a fixed cost. II require unit amounts carried out to two decimal places. b. Compare the flexible budget with the actual expenditures for the first three months. The Machining Department has performed better than originally thought. The department is spending more than would be expected

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