0. Best Shingle's budgeted manufacturing costs for S0,000 squares of shingles are: Fixed manufacturing costs $12.000 Variable manufacturing costs $16.00 per square Best produced 40,000 squares of shingles during March. How much are budfget manufacturing costs in March? a. $640,000 b. $812,000 c. $800,000 d. $652,000 21. What is a standard cost? a. The total number of units times the budgeted amount expected b. Any amount that appears on a budget c. The total amount that appears on the budget for product costs d. The amount management thinks should be incurred to produce a good or service 22. Standard costs may be used by a. universities. b. governmental agencies. c. charitable organizations. d. All of these answers are correct. 23. A standard differs from a budget because a standard a. b. c. d. is a predetermined cost. contributes to management planning and control. is a unit amount. none of these; a standard does not differ from a budget. 24. The difference between a budget and a standard is that a. a budget expresses what costs were, while a standard expresses what costs should C. a budget expresses a total amount, while a standard expresses a unit amount d. standards are excluded from the cost accounting system, whereas budgets be. happened generally incorporated into the cost accounting system b. a budget expresses management's plans, while a standard reflects what actualy 25. Standard costs a. may show past cost experience b. help establish expected future costs. c. are the budgeted cost per unit in the present. d. All of these answers are correct