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DJK Enterprises Are Using the Kaizen Approach to Budgeting for 2011

Question 63

Multiple Choice

DJK Enterprises are using the Kaizen approach to budgeting for 2011 . The budgeted income statement for January 2011 is as follows:
DJK Enterprises are using the Kaizen approach to budgeting for 2011 . The budgeted income statement for January 2011 is as follows: Under the Kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. -What is the budgeted gross margin for March 2011? A) $196,020 B) $198,000 C) $204,020 D) $205,970
Under the Kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month.
-What is the budgeted gross margin for March 2011?


A) $196,020
B) $198,000
C) $204,020
D) $205,970

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