Solved

Manter Corporation Manufactures and Sells a Single Product

Question 9

Multiple Choice

Manter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,900 units, but its actual level of activity was 6,940 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting:
Manter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,900 units, but its actual level of activity was 6,940 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting:   Actual results for June:   The direct materials in the flexible budget for June would be closest to: A)  $94,384 B)  $93,840 C)  $93,820 D)  $94,911 Actual results for June:
Manter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,900 units, but its actual level of activity was 6,940 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting:   Actual results for June:   The direct materials in the flexible budget for June would be closest to: A)  $94,384 B)  $93,840 C)  $93,820 D)  $94,911 The direct materials in the flexible budget for June would be closest to:


A) $94,384
B) $93,840
C) $93,820
D) $94,911

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions