Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is not an example of a standard that can be used in budgeting? A. A company expects it will cost $100

Which of the following is not an example of a standard that can be used in budgeting?

A. A company expects it will cost $100 to manufacture a product.

B. A company pays $25 per pound for direct materials.

C. A company expects it will pay $27 per pound for direct materials.

D. A company expects that it will take 20 minutes to complete a step in the manufacturing process.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Accounting

Authors: Frederick D. Choi, Gary K. Meek

6th edition

131588141, 978-0131588141

More Books

Students also viewed these Accounting questions

Question

What are the pros and cons of using a workaround?

Answered: 1 week ago

Question

1210618

Answered: 1 week ago