Figure 11-1. Jason,Inc.produces leather purses.Jason has developed a static budget for the first quarter,based on 20,000 direct labor hours.During the quarter,the actual activity was 22,000 direct labor hours.Data for the first quarter are summarized as follows:
Refer to Figure 11-1.What is the flexible budget amount for the first quarter?
A)$288,000
B)$311,000
C)$312,000
D)$261,000
E)Cannot be determined

Question

Figure 11-1. Jason,Inc.produces leather purses.Jason has developed a static budget for the first quarter,based on 20,000 direct labor hours.During the quarter,the actual activity was 22,000 direct labor hours.Data for the first quarter are summarized as follows:
 Refer to Figure 11-1.What is the flexible budget amount for the first quarter?
A)$288,000 
B)$311,000 
C)$312,000 
D)$261,000 
E)Cannot be determined

Quizplus · Accepted Answer

The Answer of Figure 11-1. Jason,Inc.produces leather purses.Jason has developed a static budget for the first quarter,based on 20,000 direct labor hours.During the quarter,the actual activity was 22,000 direct labor hours.Data for the first quarter are summarized as follows:
 Refer to Figure 11-1.What is the flexible budget amount for the first quarter?
A)$288,000 
B)$311,000 
C)$312,000 
D)$261,000 
E)Cannot be determined