A planning budget for Clyde's Pies is as follows: Clyde's...
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Accounting
A planning budget for Clyde's Pies is as follows:
| Clyde's Pies | ||
| Budgeting Income Statement | ||
| For Year Ended 12/31/20 | ||
| p = 4,250 pies | ||
| h = 5,000 hours | ||
| Sales ($30p) | $127,500 | |
| Expenses | ||
| Wages Expense ($12h) | -60,000 | |
| Supplies ($2.20p) | -9,350 | |
| Utilities ($0.20h) | -1,000 | |
| Selling and Admin. ($300 + $5h) | -25,300 | |
| Net Operating Income | 31,850 | |
During 2020, Clyde's Pies actually made 5,100 pies and worked 5,900 hours.
What amount would be shown for Supplies on the Flexible Budget?
- A.
$11,220
- B.
$11,000
- C.
$12,980
- D.
$9,350
[will rate]
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