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Steelcase Inc._Flexible Budget




Steelcase Inc. is one of the largest manufacturers of office furniture in the United States.In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Trim Assembly.Assume the following information for the Fabrication Department;Steel per filing cabinet;50 pounds;Direct labor per filing cabinet;18 minutes;Supervisor salaries;$130,000 per month;Depreciation;$20,000 per month;Direct labor rate;$16 per hour;Steel Cost;$1.25 per pound;Prepare a flexible budget for 12,000, 15,000, and 18,000 filing cabinets for the month of October 2008, similar to Exhibit 5, assuming that inventories are not significant.


Paper#81883 | Written in 18-Jul-2015

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