Sunn Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 6,100 units, but its actual level of activity was 6,050 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per MonthVariable element per unitRevenue - $33.70 Direct labor$0 $5.90Direct materials 0 10.90Manufacturing overhead 48,400 1.20Selling and administrative expenses 24,800 0.50Total expenses$73,200 $18.50?The manufacturing overhead in the flexible budget for November would be closest to:
A. $55,720
B. $55,660
C. $56,433
D. $55,511
Answer: B
Business
You might also like to view...
Sales on approval are primarily ________ transactions.
A. seller B. nonmerchant C. consumer D. merchant
Business
If a company's rate of return on common stockholders' equity is greater than its rate of return on total assets, the company is effectively using leverage
Indicate whether the statement is true or false
Business
In chapter 9 of your textbook, which one of the following is defined as the creation, dissemination, and transformation of knowledge?
a. Communication b. Learning c. Knowledge management d. Teaching
Business
The terms World Wide Web and Internet mean the same thing
Indicate whether the statement is true or false
Business