A Department's Budgeted Output for a 4-Week Period Was 500

Multiple Choice

A department's budgeted output for a 4-week period was 500 units at a standard cost of $100 per unit.The actual production was 450 units and the firm's ledger revealed actual costs for the month to be $50 200.The standard production cost for the period is:

A) $50 000
B) $50 200
C) $45 000
D) Insufficient information to determine