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 $  18.50The manufacturing overhead in the flexible budget for November would be closest to: 

A. $56,433
B. $55,511
C. $55,720
D. $55,660


Answer: D

Business

You might also like to view...

Answer the following statements true (T) or false (F)

1. You should set your own rules to define what work-life balance looks like for you. 2. You should avoid thinking about retirement in order to achieve optimal work-life balance. 3. Imbalance that individuals face in college generally works itself out and is not a problem when they transition to professional life. 4. The best way to achieve work-life balance is to resign yourself to a career devoid of promotions and advancement. 5. Our lives can be neatly separated into a work sphere and a personal sphere.

Business

The mature partnership phase is not characterized by ______.

A. tasks B. respect C. reciprocity D. transformational relationships

Business

Which of the following is true of affective events theory?

A. integrates personality, emotions, and moods B. deals with emotional intelligence development C. considers impact of performance on affect D. considers impact of motivation on affect

Business

A credit card company tells its clients that 1 percent of every purchase made on grocery goods will be passed on to local food banks in their community. This is an example of ______.

a. direct donor contributions b. cause-related marketing c. reactive giving d. in-kind donations

Business