Mile High Cycles Essay Preview: Mile High Cycles Report this essay Mile High CyclesThe following are the tables used to solve the problem.Budgeted CostsFrame AssemblyBudgetedActualVariance Steel tubing($3,300,000/10,000)*10,800 = $3,564,000$3,564,000$3,572,100$8,100UPaint($25,000/10,000)*10,800 = $27,000$27,000$28,187$1,187ULabor($1,500,000/10,000)*10,800 = $1,620,000$1,620,000$1,528,050-$91,950FTotal frame($4,825,000/10,000)*10,800 = $5,211,000$5,211,000$5,128,337-$82,663F Wheel assembly Parts($1,200,000/10,000)*10,800 = $1,296,000$1,296,000$1,317,600$21,600URework parts$0$25,000$25,000ULabor($65,000/10,000)*10,800 = $70,200$70,200$74,250$4,050UTotal wheel($1,265,000/10,000)*10,800 = $1,366,200$1,366,200$1,416,850$50,650U Final assembly Parts($3,500,000/10,000)*10,800 = $3,780,000$3,780,000$3,963,600$183,600URework parts$0$45,000$45,000ULabor($105,000/10,000)*10,800 = $113,400$113,400$116,000$2,600UTotal final assembly($3,605,000/10,000)*10,800 = $3,893,400$3,893,400$4,124,600$231,200U Overhead costs Rent$250,000$250,000$250,000$0-Office.
