Nikoto Steel Co. budgeted manufacturing costs for 50,000 tons of steel are: Fixed manufacturing costs per month
Variable manufacturing costs per ton of steel Nikoto produced 40,000 tons of steel during March. How much is the flexible budget for total manufacturing costs for March?
A) $520,000
B) $650,000
C) $480,000
D) $530,000
Correct Answer:
Verified
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