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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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