Miller and Sons' static budget for 10,200 units of production includes $44,400 for direct materials, $51,600 for direct labor, variable utilities of $6,800, and supervisor salaries of $15,100. A flexible budget for 13,600 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a.direct materials of $59,200, direct labor of $68,800, utilities of $9,067, and supervisor salaries of $18,120 b.direct materials of $59,200, direct labor of $68,800, utilities of $9,067, and supervisor salaries of $15,100 c.total variable costs of $117,900 d.the same cost structure in total
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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Miller and Sons' static budget for 10,200 units of production includes $44,400 for direct materials, $51,600 for direct labor, variable utilities of $6,800, and supervisor salaries of $15,100. A flexible budget for 13,600 units of production would show
Round your final answer to the nearest dollar. Do not round interim calculations.
a.direct materials of $59,200, direct labor of $68,800, utilities of $9,067, and supervisor salaries of $18,120b.direct materials of $59,200, direct labor of $68,800, utilities of $9,067, and supervisor salaries of $15,100c.total variable costs of $117,900d.the same cost structure in total
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