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Clyde's Ples Budgeting Income Statement For Year Ended 12/31/20 p = 4,250 pies h = 5,000 hours $127,500 -60,000 Sales ($30p) Expenses Wages Expense ($12h)

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Clyde's Ples Budgeting Income Statement For Year Ended 12/31/20 p = 4,250 pies h = 5,000 hours $127,500 -60,000 Sales ($30p) Expenses Wages Expense ($12h) Supplies ($2.20p) Utilities ($0.20h) Selling and Admin. ($300 + $5h) Net Operating Income -9,350 -1,000 -25,300 31,850 During 2020, Clyde's Pies actually made 5,100 ples and worked 5,900 hours. What amount would be shown for Selling and Administrative Expense on the Flexible Budget? A. $25,800 B. $25,300 OC. $21,550 D. $29,800 Which of the following is NOT a benefit of self-imposed budgets? O A Self-imposed budgets should be more reliable because workers are more familiar with the process. B, Self-imposed budgets make employees feel more valuable. OC. Self-imposed budgets increase the commitment to the budget. D. Employees may build budgetary stack into self-imposed budgets, On the budgeted balance sheet, accumulated depreciation comes from which 2 other budgets? A. Manufacturing Overhead Budget, Selling and Administrative Expenses Budget B. Production Budget, Manufacturing Overhead Budget C. Cash Budget Finished Goods Budget D. Sales Budget, Direct Materials Budget

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