Kirkeby Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished.The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. When the company prepared its planning budget at the beginning of May, it assumed that 32 containers would have been refurbished.However, 34 containers were actually refurbished during May. The "Refurbishing materials" in the flexible budget for May would have been closest to:
A)$22,682
B)$24,100
C)$22,400
D)$23,800

Question

Kirkeby Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished.The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.  When the company prepared its planning budget at the beginning of May, it assumed that 32 containers would have been refurbished.However, 34 containers were actually refurbished during May. The "Refurbishing materials" in the flexible budget for May would have been closest to:
A)$22,682 
B)$24,100 
C)$22,400 
D)$23,800

Quizplus · Accepted Answer

11ea7998_5c9f_609b_911b_614ceb811c91_TB2627_00_TB2627_00

Kirkeby Corporation Is a Shipping Container Refurbishment Company That Measures