Solved

Nikoto Steel Co $50,000\quad \$ 50,000 Per Month
Variable Manufacturing Costs $12.00\quad \$ 12.00

Question 64

Multiple Choice

Nikoto Steel Co.budgeted manufacturing costs for 50,000 tons of steel are: Fixed manufacturing costs $50,000\quad \$ 50,000 per month
Variable manufacturing costs $12.00\quad \$ 12.00 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents