Zariz Ltd budgeted product costs for the third quarter of 2019 were based on an expected volume of 2,000 units. The budgeted unit costs appear below: $\begin{array}{lr}
\text { Direct material } & \$ 1.50 \
\text { Direct labor } & 2.25 \
\text { Variable overhead } & 4.25 \
\text { Fixed overhead } & \underline{3.00} \
\quad \text { Total } & \underline{\$ 11.00} \

\end{array}$
Zariz Ltd's total budgeted product cost for the third quarter of 2019 was:

Question

Zariz Ltd budgeted product costs for the third quarter of 2019 were based on an expected volume of 2,000 units. The budgeted unit costs appear below: $\begin{array}{lr}
\text { Direct material } & \$ 1.50 \
\text { Direct labor } & 2.25 \
\text { Variable overhead } & 4.25 \
\text { Fixed overhead } & \underline{3.00} \
\quad \text { Total } & \underline{\$ 11.00} \

\end{array}$
 Zariz Ltd's total budgeted product cost for the third quarter of 2019 was:

Quizplus · Accepted Answer

The total budgeted product cost for 2,000 units is calculated by multiplying the total unit cost ($11.00) by the expected volume (2,000 units), resulting in $22,000.

Zariz Ltd Budgeted Product Costs for the Third Quarter of 2019