Hygeia Health expects to sell 450 units of Product A and 380 units of Product B each day at an average price of $15 for Product A and $35 for Product B. The expected cost for Product A is 35% of its selling price and the expected cost for Product B is 55% of its selling price. Hygeia Health has no beginning inventory, but it wants to have a three-day supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (seven-day) week. (Round the answer to the nearest dollar.) A. $29,033 B. $58,573 C. $67,743 D. $60,150

2....

A budgeting technique that requires managers to justify all revenue and expenses for each new period is called:

A.

flexible budgeting

B.

justification budgeting

C.

zero-based budgeting

D.

defensive budgeting