Your CEO has asked you to prepare production cost budget for the MiniY for May 20X8. The actual costs in April 20X8 were:
MiniY: Production Cost Budget
Production-Units of MiniY 3,000
Components cost (variable) 24,000,000
Labor cost (variable) 13,500,000
Rent (fixed) 6,000,000
Depreciation (fixed) 6,000,000
Other (fixed) 2,000,000
For the month of May, the number of MiniY produced will increase to 3,200, reflecting an anticipated sales increase related to a new marketing campaign.
Question 5: Using the above information, prepare budget for May 20X8 stating the total cost.