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Armstrong, Inc. uses a flexible budget. Armstrong produced 15,800 units in May incurring direct materials cost of $19,908. Its master budget for the year projected

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Armstrong, Inc. uses a flexible budget. Armstrong produced 15,800 units in May incurring direct materials cost of $19,908. Its master budget for the year projected direct materials cost of $354,240, at a production volume of 288,000 units. A flexible budget for May should reflect direct materials cost of Multiple Choice $20,434. $19,434. 19,184 $19.908

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