Coderre Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 7,800 units, but its actual level of activity was 7,780 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Actual results for July: The direct materials in the flexible budget for July would be closest to:
A)$69,242
B)$69,490
C)$69,420
D)$69,134

Question

Coderre Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 7,800 units, but its actual level of activity was 7,780 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:  Actual results for July:  The direct materials in the flexible budget for July would be closest to:
A)$69,242 
B)$69,490 
C)$69,420 
D)$69,134

Quizplus · Accepted Answer

The Answer of Coderre Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 7,800 units, but its actual level of activity was 7,780 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:  Actual results for July:  The direct materials in the flexible budget for July would be closest to:
A)$69,242 
B)$69,490 
C)$69,420 
D)$69,134

Coderre Corporation Manufactures and Sells a Single Product