Business, 21.04.2021 14:00 Peterson6164

Kirkeby Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.
Variable
Fixed Element per
Element Container
per Month Refurbished
$4,700
$44,200 $1,300
$ 700
$30,400
Revenue
Employee salaries and wages
Refurbishing materials
Other expenses
When the company prepared its planning budget at the beginning of May, it assumed that 32 containers would have been refurbished. However, 34 containers
were actually refurbished during May
The "Refurbishing materials in the flexible budget for May would have been closest to:

Kirkeby Corporation is a shipping container refurbishment company that measures its output by the n

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