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Stitt Corporation Manufactures and Sells a Single Product

Question 231

Multiple Choice

Stitt Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 5,900 units, but its actual level of activity was 5,880 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Stitt Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 5,900 units, but its actual level of activity was 5,880 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Actual results for November: The manufacturing overhead in the flexible budget for November would be closest to: A) $57,620 B) $56,056 C) $58,013 D) $56,080 Actual results for November: Stitt Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 5,900 units, but its actual level of activity was 5,880 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Actual results for November: The manufacturing overhead in the flexible budget for November would be closest to: A) $57,620 B) $56,056 C) $58,013 D) $56,080 The manufacturing overhead in the flexible budget for November would be closest to:


A) $57,620
B) $56,056
C) $58,013
D) $56,080

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