
A company budgets 10,000 units of sales based on a projected selling price of $13.00. The actual units sold were 15,000 at a price of $10. What is the flexible budget for sales?
A) $195,000
B) $150,000
C) $130,000
D) $100,000
Correct Answer:
Verified
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Q19: A master budget is _.
A) a budget
Q20: A favorable variance indicates that _.
A) budgeted
Q21: Explain the difference between a static budget
Q23: Variances are used for evaluating performance and
Q24: An unfavorable flexible-budget variance for variable costs
Q25: Which of the following information is needed
Q26: Which of the following items will be
Q27: In a flexible budget _.
A) variable costs
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