Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs Variable manufacturing costs $812,000 Best produced 40,000 squares of shingles during March. How much are budgeted total manufacturing costs in March if Best uses a STATIC budget? $640,000 O $800,000 $12,000 O $652,000 $16.00 per square
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.
![Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are:
Fixed manufacturing costs
Variable manufacturing costs
O $812,000
Best produced 40,000 squares of shingles during March. How much are budgeted
total manufacturing costs in March if Best uses a STATIC budget?
O $640,000
$800,000
$12,000
$652,000
$16.00 per square](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f9c3ee4-3184-4dac-b08f-3b624081feab%2F69990e22-1493-4262-9d56-09b8e119bb0a%2Fmwmk6de_processed.jpeg&w=3840&q=75)
![Point, Inc. produces men's shirts. The following budgeted and actual amounts are fo
2016:
Cost
Direct materials $26/unit
Direct labor
Budget at 2,500 units
Instructions
$28/unit
Fixed overhead $35,000
Actual Amounts at 2,800
units
$75,000
78,000
34,500
What are total budgeted costs for 2016 if a flexible budget is used](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f9c3ee4-3184-4dac-b08f-3b624081feab%2F69990e22-1493-4262-9d56-09b8e119bb0a%2Flhrviu_processed.jpeg&w=3840&q=75)
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