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Business, 01.07.2019 22:30 KendallTishie724

Stuart medical equipment company makes a blood pressure measuring kit. jason mccoy is the production manager. the production department’s static budget and actual results for 2019 follow: static budget actual results production in units 35,000 kits 37,900 kits direct materials $ 262,500 $ 321,650 direct labor 227,500 239,750 variable manufacturing overhead 52,500 60,550 total variable costs 542,500 621,950 fixed manufacturing overhead 213,000 208,100 total manufacturing cost $ 755,500 $ 830,050 required a. convert the static budget into a flexible budget. b. calculate the variances.

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