Answer the following questions using the information below:
Melville Incorporated planned to use $37.50 of material per unit but actually used $36.75 of material per unit, and planned to make 1,800 units but actually made 1,600 units.
-The flexible-budget amount is:
A)$60,000
B)$67,500
C)$59,200
D)$1,200

Question

Quizplus · Accepted Answer

The flexible-budget amount is calculated using the actual number of units produced and the planned cost per unit. Therefore, 1,600 units x $37.50 per unit = $60,000.

Answer the Following Questions Using the Information Below