A company has the following annual budget data: What are total budgeted production costs for the year? (CIA adapted)

Question

Quizplus · Accepted Answer

Total budgeted production costs for the year can be calculated by adding direct materials, direct labor, and manufacturing overhead. 
Total budgeted production costs = $850,000 (direct materials) + $700,000 (direct labor) + $630,000 (manufacturing overhead) 
Total budgeted production costs = $2,180,000 
Therefore, the best choice is B.

A Company Has the Following Annual Budget Data: What Are