The direct materials budget shows: Units to be produced 3, 000 Total pounds needed for production 9, 000 Total materials required 9, 900 What are the direct materials per unit? (Assume quantity is in pounds.) A) 33 pounds B) 3.0 pounds C) 3.3 pounds D) cannot be determined from the data provided. Dart, Inc. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Expenses are paid in the month incurred, If the company has budgeted to sell 8, 000 umbrellas in October, how much is the total budgeted variable selling and administrative expenses for October? A) $16, 800 B) $18, 400 C) $101, 600 D) $19, 600 A major element in budgetary control is: A) the preparation of long-term plans B) the comparison of actual results with planned objectives C) the valuation of inventories D) approval of the budget by the stockholders Budget reports should be prepared A) daily B) monthly C) weekly D) as frequently as needed. A static budget is appropriate in evaluating a manager's performance if A) actual activity closely approximates the master budget activity B) actual activity is less than the master budget activity C) the company prepares reports on an annual basis D) the company is a not-for-profit organization