From the following data, prepare a Flexible Budget for production of 40,000 units, 60,000 units and 75,000 units of product Z, distinctly showing the variable and Fixed Cost as well as the Total Cost. Also indicate the element-wise cost per unit.
|
Budget Output |
1,00,000 units Rs. |
|
Budgeted Cost Per Unit: |
|
|
Direct Material |
90 |
|
Direct Labour |
45 |
|
Direct Variable Expenses |
10 |
|
Manufacturing Variable Overheads |
40 |
|
Fixed Production Overheads |
5 |
|
Administration Overheads [fixed] |
5 |
|
Selling Overheads [10% fixed] |
10 |
|
Distribution Overheads [20% fixed] |
15 |