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Whats the first budget creating when it comes to master budgets:
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the direct labor budget.
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the cash budget
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the sales budget
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the production budget.
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Wyckam Corporation has provided the following information concerning its manufacturing:
| | Fixed Cost per Month | | Cost per cash washed |
| Revenue | | | | $ | 4,700 |
| Employee salaries and wages | $ | 32,200 | | $ | 1,000 |
| Refurbishing materials | | | | $ | 300 |
| Other expenses | $ | 28,400 | | | |
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When the company prepared its planning budget at the beginning of January, it assumed that 35 cars would be washed.
The amount shown for revenue in the planning budget for February would have been closest to:
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$164,500
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$112,600
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$173,400
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$142,500
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