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A planning budget for Clyde's Pies is as follows: Clyde's Pies Budgeting Income Statement For Year Ended 12/31/20 p = 4,250 pies h = 5,000

A planning budget for Clyde's Pies is as follows:

Clyde's Pies
Budgeting Income Statement
For Year Ended 12/31/20
p = 4,250 pies
h = 5,000 hours
Sales ($30p) $127,500
Expenses

Wages Expense ($12h)

-60,000
Supplies ($2.20p) -9,350
Utilities ($0.20h) -1,000

Selling and Admin. ($300 + $5h)

-25,300

Net Operating Income

31,850

During 2020, Clyde's Pies actually made 5,100 pies and worked 5,900 hours.

What amount would be shown for Supplies on the Flexible Budget?

  • A.

    $11,220

  • B.

    $11,000

  • C.

    $12,980

  • D.

    $9,350

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