Bob and Sons' static budget for 10,000 units of production includes P50,000 for direct materials, P44,000 for direct labor, utilities of P5,000, and supervisor salaries of P15,000. A flexible budget for 12,000 units of production would show:      A. Direct materials of P60,000, direct labor of P52,800, utilities of P6,000, and supervisor salaries of P18,000   B. The same cost structure in total   C. Total variable costs of P136,800   D. Direct materials of P60,000, direct labor of P52,800, utilities of P6,000, and supervisor salaries of P15,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Bob and Sons' static budget for 10,000 units of production includes P50,000 for direct materials, P44,000 for direct labor, utilities of P5,000, and supervisor salaries of P15,000. A flexible budget for 12,000 units of production would show: 
 
 
A. Direct materials of P60,000, direct labor of P52,800, utilities of P6,000, and supervisor salaries of P18,000
 
B. The same cost structure in total
 
C. Total variable costs of P136,800
 
D. Direct materials of P60,000, direct labor of P52,800, utilities of P6,000, and supervisor salaries of P15,000
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