our CEO has asked you to prepare a production cost budget for the MiniY for...
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our CEO has asked you to prepare a production cost budget for the MiniY for May 20X8. The actual costs in April 20X8 were:
MiniY: Production Cost Budget
April 20X8
ProductionUnits 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
Total
$51,500,000
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 a budget for May 20X8 stating the total cost. Use a spreadsheet to display your data and calculations.
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