Answer:
Total flexible budget cost=$25,000 per month
Explanation:
The total flexible budget can be expressed as;
Total flexible budget=Total variable cost+Total fixed costs
where;
Total variable cost=Cost per chair×actual number of chairs produced and sold
Total variable cost=(100)×180=$18,000 per month
Total fixed cost=$7,000 per month
replacing;
Total flexible budget=(18,000+7,000)=$25,000
Total flexible budget cost=$25,000 per month
b. managers
c. employees
d. suppliers