Question
25- A manufacturer has budgeted sales for the first quarter of the next year to be 50,000 units. The inventory in hand at the beginning
25-
A manufacturer has budgeted sales for the first quarter of the next year to be 50,000 units. The inventory in hand at the beginning of the quarter is 15,000 units. The desired ending inventory is 20,000 units. Calculate the budgeted production for the quarter.
Select one:
15,000 units
50,000 units
20,000 units
85,000 units
55,000 units
23-
The following is a part of the flexible budget performance report for K-Town constructions Co.
| Actual results
| Flexible budget
| Static budget
|
Units | 110,000 units | 110,000 units | 120,000 units |
Sales revenues | $ 215,000 | ? | $ 247,500 |
Variable expenses | $ 130,000 | ? | $ 132,000 |
Fixed expenses | $ 30,000 | ? | $ 40,000 |
Variable expenses for flexible budget should equal to:
Select one:
$ 120,000
$ 130,000
$ 110,000
$ 132,000
$ 121,000
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