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Miller and Sons' static budget for 9,700 units of production includes $41,000 for direct materials, $53,500 for direct labor, variable utilities of $6,900, and supervisor

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Miller and Sons' static budget for 9,700 units of production includes $41,000 for direct materials, $53,500 for direct labor, variable utilities of $6,900, and supervisor salaries of $15,300. A flexible budget for 13,300 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a. direct materials of $56,216, direct labor of $73,356, utilities of $9,461, and supervisor salaries of $18,360 b. the same cost structure in total c. direct materials of $56,216, direct labor of $73,356, utilities of $9,461, and supervisor salaries of $15,300 d. total variable costs of $116,700 A formal written statement of management's plans for the future, expressed in financial terms, is a a. budget b. responsibility report c. performance report d. gross profit report Which of the following conditions normally would not indicate that standard costs should be revised? a. The Engineering Department has revised product specifications in responding to customer suggestions. b. Actual costs differed from standard costs for the preceding week. c. The company has signed a new union contract that increases the factory wages on average by $3.50 an hour. d. The average price of raw materials increased from $4.68 per pound to $4.82 per pound

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