Colorado Springs Ltd. produces and sells bottled water. The company's controller has the following information available from the static budget of one of the product lines for the month of April: Estimated production 20,000 units Direct material per unit 2 ounces Direct material cost per unit $.15 per ounce Actual production during April was 18,000 units and actual direct materials cost was
$6,300. If the company prepares a flexible budget for April, the projected direct materials cost would be:
A) $7,000
B) $6,300
C) $5,400
D) $6,000
C
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Indicate whether the statement is true or false
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