Dynamo Inc's static budget called for production of 10,000 units of product. It actually produced 9,500 unit. The standard quantity of direct materials per unit is 5 kilograms and the standard cost per kilogram is $2.50. The actual price paid for direct materials was $2.30 per kilogram. The standard quantity multiplied by the standard price ( SQ x SP) for direct materials is: Oa. $115,000 O b. $109,250 $118,750 A static budget Select one: is developed for multiple levels of planned activities is used to compute the flexible budget variance is used to prepare the income statement e to search 直。 21) acer
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
![Dynamo Inc's static budget called for production of 10,000 units of product. It actually
produced 9,500 unit. The standard quantity of direct materials per unit is 5 kilograms and
the standard cost per kilogram is $2.50. The actual price paid for direct materials was
$2.30 per kilogram.
The standard quantity multiplied by the standard price ( SQ x SP) for direct materials is:
Oa. $115,000
O b. $109,250
$118,750
A static budget
Select one:
is developed for multiple levels of planned activities
is used to compute the flexible budget variance
is used to prepare the income statement
e to search
直。
21)
acer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F963efa39-4808-43ff-b46a-57ddc557fc1f%2Fb07d492a-c20e-4fcf-bda2-c34c743ad4fa%2F6c6c91h.jpeg&w=3840&q=75)
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