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Neubert Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During December,
Neubert Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During December, the company budgeted for 5,300 units, but its actual level of activity was 5,340 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed Element Variable per Month element per unit $ 30.00 Revenue $ Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 33,300 25,000 $ 58,300 3.50 10.40 1.50 0.50 15.90 Actual results for December: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $ S $ S $ 156,340 17,980 56,566 41,040 28,870 The manufacturing overhead in the flexible budget for December would be closest to: O A) $41,350 B) $40,733 C) $41,250
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