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ACTIVITY FLEXIBLE BUDGET Cohlmia Company provided information on the following four overhead activities. Activity                       Driver F

ACTIVITY FLEXIBLE BUDGET

Cohlmia Company provided information on the following four overhead activities.

Activity                       Driver Fixed              Cost                Variable Rate

Maintenance            Machine hours         $40,000          $ 2.50

Machining                 Machine hours         25,000             3.00

Setting up                  Setups                            -                 2,250

Purchasing               Purchase orders       75,000             6.00

Cohlmia has found that the following driver levels are associated with two different levels of production.

Driver                                     40,000 units              60,000 units

Machine hours                     60,000                        90,000

Setups                                          50                               70

Purchase orders                   10,000                        16,000

Required:

Prepare an activity-based flexible budget.

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