Using the Following Information, Prepare a Factory Overhead Flexible Budget

Short Answer

Using the following information, prepare a factory overhead flexible budget for Jacob Company where the total factory overhead cost is $206,500 at normal capacity (100%). Include capacity at 60%, 80%, 100%, and 120%. Total variable cost is $15.25 per unit and total fixed costs are $54,000. The information is for month ended October 31.  (Hint: Determine units produced at normal capacity.)