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Ch 20-21, 24 Probl INSTRUCTOR USE ONLY Student: Husa . 0. 6) The master budgeting process pically begins with the sales budget and ends with
Ch 20-21, 24 Probl INSTRUCTOR USE ONLY Student: Husa . 0. 6) The master budgeting process pically begins with the sales budget and ends with a 6 cash budget and: A) Budgeted financial statements B) Production budget C) Forecast budget. D) Rolling budget. E) Capital expenditures budget. 7) Operating budgets include all of the following except the: A) Budgeted balance sheet. B) Sales budget. C) Selling expense budget D) Production budget Benea r 8) Cameron Corp. manufactures and sells electric staplers for S 16 each. If 10.000 units 8) were sold in December. and management forecasts 4% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be: :D A) S166.400 B) S173,056 C) S187.177 D) $179.978 E) S160,000 9) The anticipated costs incurred under normal conditions to produce a specitic product or 9) to perform a specific service are: A) Product costs B) Period costs. C) Standard costs. D) Fixed costs E) Variable costs. ca 10) The difference between actual price per unit of input and the standard price per unit of 10) input results in a: A) Standard variance. B) Quantity variance. C) Price variance. Di Volume variance. E) Controllable variance
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