Nikoto Steel Co.budgeted manufacturing costs for 50,000 tons of steel are: $\begin{array}{ll}
\text {Fixed manufacturing costs }&\text {$ \$ 50,000 $ per month }\
\text { Variable manufacturing costs}&\text { $ \$ 12.00 $ per ton of steel}\
\end{array}$
Nikoto produced 40,000 tons of steel during March.How much is the flexible budget for total manufacturing costs for March?

Question

Nikoto Steel Co.budgeted manufacturing costs for 50,000 tons of steel are: $\begin{array}{ll}
\text {Fixed manufacturing costs  }&\text {$ \$ 50,000 $ per month  }\
\text { Variable manufacturing costs}&\text { $ \$ 12.00 $ per ton of steel}\
\end{array}$
 Nikoto produced 40,000 tons of steel during March.How much is the flexible budget for total manufacturing costs for March?

Quizplus · Accepted Answer

The flexible budget for March includes fixed costs of $50,000 and variable costs of $12 per ton for 40,000 tons, totaling $530,000.

Nikoto Steel Co Nikoto Produced 40,000 Tons of Steel During March