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At the beginning of the period, the Cutting Department budgeted direct labor of $131,000, direct materials...

At the beginning of the period, the Cutting Department budgeted direct labor of $131,000, direct materials of $153,000 and fixed factory overhead of $10,600 for 7,000 hours of production. The department actually completed 10,100 hours of production. The appropriate total budget for the department, assuming it uses flexible budgeting, is?

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Answer #1

Budgeted cost = $420,371.43 or just 420,371

Working

Flexible budget Flexible budget at
Per unit Total 10100 hours
Direct material $   21.85714 $ 220,757.14
Direct labor $   18.71429 $ 189,014.29
Variable overhead
Fixed overhead $    10,600.00 $    10,600.00
Total budgeted cost for 10100 hours $        420,371.43

I have not rounded per unit calculations

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