Answer:
Total cost= $650,000
Explanation:
Giving the following information:
Fixed manufacturing costs$50000 per month
Variable manufacturing costs$12 per ton of steel
Bonita produced 50000 tons of steel during March.
The flexible budget shows the total standard cost for the actual activity.
Fixed costs= 50,000
Total variable cost= 12*50,000= 600,000
Total cost= $650,000
