Flex Budget- team W4

Flex Budget- team W4 - Property Taxes 975 Depreciation...

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Guillermo Furniture Store Flexible Budget Items Flexible Budget fourmula Flexible B Units Option 1 Mid-grade 2700 High_end 400 Revenue Mid-grade 509 1374300 High_end 879 351600 Total Revenue 1725900 Variable Costs: Direct Material Cost per unit Mid-Grade 140 378000 High-End 250 100000 Total Direct Material Cost 478000 Direct Labor Cost ($15/hour) Mid-Grade 21.5 870750 High-End 28 168000 Total Labor Wages 1038750 Benefits of Wages Mid-Grade 10% 87075 High-End 10% 16800 Total Benefits 103875 Total Variable Costs 1620625 Fixed Costs: Salaries 50000 Utilities 9000 Insurance 3000
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Unformatted text preview: Property Taxes 975 Depreciation 50000 Supplies 6000 Total Fixed Costs 118975 Total Costs 1739600 Earnings before Taxes-13700 Income Taxes 42% Net Earnings-13700 udgets Far various Levels of sales Option 2 Option 3 2800 2900 450 500 1425200 1476100 395550 439500 1820750 1915600 392000 406000 112500 125000 504500 531000 903000 935250 189000 210000 1092000 1145250 90300 93525 18900 21000 109200 114525 1705700 1790775 1824675 1909750-3925 5850 2457-3925 3393...
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This note was uploaded on 10/05/2010 for the course ACC ACC561 taught by Professor David during the Spring '10 term at University of Phoenix.

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Flex Budget- team W4 - Property Taxes 975 Depreciation...

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