Zip-up Company provides the following data developed for its master budget: ...
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Accounting
Zip-up Company provides the following data developed for its master budget:
| Sales price | $11.00 per unit |
| Costs: |
|
| Direct materials . | $3.00 per unit |
| Direct labor | $4.75 per unit |
| Variable overhead . | $0.50 per unit |
| Factory depreciation . | $12,000 per month |
| Supervision | $13,000 per month |
| Selling expense .. | $0.25 per unit |
| Administrative cost | $9,000 per month |
Required:
Prepare flexible budgets for sales of 20,000, 22,000 and 24,000 units. Use a contribution margin format.
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