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Use the Following Information for the Next 4 Questions

Question 25

Multiple Choice

Use the following information for the next 4 questions.
Horton Company produces and sells two products: round and square tables. In August 20x0, the budget projected the following for 20x1: Use the following information for the next 4 questions. Horton Company produces and sells two products: round and square tables. In August 20x0, the budget projected the following for 20x1:   The tables are manufactured using the following direct materials:   Budgeted data for 20x1 direct materials are:   Budgeted data for 20x1 Direct labor and overhead are: Direct labor:   -The cost of purchases for direct material P for 20x1 is A)  $2,805,000 B)  $2,720,000 C)  $2,635,000 D)  $2,550,000 The tables are manufactured using the following direct materials: Use the following information for the next 4 questions. Horton Company produces and sells two products: round and square tables. In August 20x0, the budget projected the following for 20x1:   The tables are manufactured using the following direct materials:   Budgeted data for 20x1 direct materials are:   Budgeted data for 20x1 Direct labor and overhead are: Direct labor:   -The cost of purchases for direct material P for 20x1 is A)  $2,805,000 B)  $2,720,000 C)  $2,635,000 D)  $2,550,000 Budgeted data for 20x1 direct materials are: Use the following information for the next 4 questions. Horton Company produces and sells two products: round and square tables. In August 20x0, the budget projected the following for 20x1:   The tables are manufactured using the following direct materials:   Budgeted data for 20x1 direct materials are:   Budgeted data for 20x1 Direct labor and overhead are: Direct labor:   -The cost of purchases for direct material P for 20x1 is A)  $2,805,000 B)  $2,720,000 C)  $2,635,000 D)  $2,550,000 Budgeted data for 20x1 Direct labor and overhead are:
Direct labor: Use the following information for the next 4 questions. Horton Company produces and sells two products: round and square tables. In August 20x0, the budget projected the following for 20x1:   The tables are manufactured using the following direct materials:   Budgeted data for 20x1 direct materials are:   Budgeted data for 20x1 Direct labor and overhead are: Direct labor:   -The cost of purchases for direct material P for 20x1 is A)  $2,805,000 B)  $2,720,000 C)  $2,635,000 D)  $2,550,000
-The cost of purchases for direct material P for 20x1 is


A) $2,805,000
B) $2,720,000
C) $2,635,000
D) $2,550,000

Correct Answer:

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