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9. Sudler Production is planning to sell 600 boxes of cersmic ile, with production estimated at 5.80 boxes during May. Each box of tile requires
9. Sudler Production is planning to sell 600 boxes of cersmic ile, with production estimated at 5.80 boxes during May. Each box of tile requires 44 pounds of elay is and a quaner hour of direct labor. Clay mix costs $0.50 per pound and employees of h compuny are paid S15.00 per hour. Manufacturing overhend is applied at a rate o 11c of direct labor costs, Sudler has 2600 pounds of clay mix in beginning inventory and wants to have 3.090 pounds in ending inventory What is the total amount to be for B) $9,570 C) $2,392.50 D) $2,475 What is the proper preparation sequencing of the following budgets? 1. Budgeted Balance Sheet 2. Sales Budget 3. Selling and Administrative Budget 4. Budgeted Income Statement A) 2,3, 1, 4 B) 2,4, 1,3 C) 1,2, 3,4 D) 2,3, 4,1- 1o. 1. A major element in budgetary control is A) the comparison of actual results with planned objectives. B) the valuation of inventories. C) approval of the budget by the stockholders. D) the preparation of long-term plans. Top management's reaction to a difference between budgeted and actual sales often depends on 12. A) whether management anticipated the difference. B) the materiality of the difference. C) the personality of the top managers. D) whether the difference is favorable or unfavorable. 13. Which one of the following would be the same total amount on a flexible budget an static budget if the activity level is different for the two types of budgets? A) Direct labor cost B) Fixed manufacturing overhead C) Direct materials cost D) Variable manufacturing overhead
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