Which one of the fodowing is not benefit of budgeting? a t facilitate the coordination of activities bit provides definite objectives for evaluating performance D it provides surance that the company will achlove its objectives d. It requires all levels of management to plan ahead on a ocurring basis $1 The difference between a budget and a standard is that a a budget expresses what costs were, while a standard expresses what costs should be a budget expresses management's plans, while a standard reflects what actually happened a budget expresses a total amount while a standard expresses a unit amount d standards ate excluded from the cost accounting system whereas budgets are generally incorporated into the cost accounting system Comma Co. makes and sells widgets The company is in the process of preparing its selling and administrative expense budget for the month The following budget data are available Item Vanable Cost Per Unit Solo Monthly Fixed Cost Sales commissions $10,000 Shipping $3 Advertising $4 Executive salares $120.000 Depreciation on office equipment $4 000 Other S2 $6 000 Expenses are paid in the month incurred the company has budgeted to sell 80.000 widgets October, how much is the total budgeted selling and administrative expenses for October a $940,000 b. $140,000 CS930.000 a $800,000 An unfavorable materials quantity variance would occur if a more materials are purchased than are used actual pounds of materials used were less than the standard pounds allowed Cactual labor hours used were greater than the standard labor hours allowed d. actual pounds of materials used were greater than the standard pounds allowed Atkins, Inc. produces a product requiring 8 pounds of material at $1.50 per pound. Atkins po 10,000 units of this product during 2016 resulting in a $30,000 unfavorable materials quantity v How many pounds of direct material did Atkins use during 2016? a 100 000 pounds b. 80,000 pounds C. 160.000 pounds d. 125 000 pounds