Total cost and umber of nits in the first seven months of 2020 are given below. According to this information, which of the following is the total cost in August if the company produces 470 units?
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.
![Total cost and number of units in the
first seven months of 2020 are given
below. According to this information,
which of the following is the total cost
in August if the company produces
470 units?
Periods
Total Cost
No.of Units
January
300
30,600
February
31,120
310
March
31,900
325
April
350
33,200
Мay
380
34,760
June
410
36,320
July
37,360
430
Select one:
a. 41,550
O b. 48,000
c. 43,650
d. 39,440](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4483548c-3718-466f-925d-76bac127a1a2%2F85bc7a3e-7701-4c02-9e19-a4e15d5ee4c8%2F513hgr_processed.jpeg&w=3840&q=75)
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