Ava, Inc. uses a flexible budget. Ava produced 15,200 units in May Incurring direct materials cost of $18,240. Its master budget for the year projected direct materials cost of $329,940, at a production volume of 282,000 units A flexible budget for May should reflect direct materials cost of Multiple Choice O O $12534 $17784 $18.784 $10.240
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.
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volume of 282,000 units A flexible budget for May should reflect direct materials cost of
Multiple Choice
O
O
$12,534
$17784
$18.784
$10.240"
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