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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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