The total number of budgeted units reflected in the master budget for September was:
a) 50000 units
b)36000 units
c) 40000 units
d) 45000 units
e) 48000 units
Which equation correctly calculates the total weighted average equivalent units of production?
a) completed and transferred out units + ending WIP equivalent units
b) ending WIP equivalent units - completed and transferred out units
c) completed and transferred out units + Beginning WIP equivalent units
d) beginning WIP equivalent units - Completed and transferred out units
e) ending WIP equivalent units + beginning WIP equivalent units
Homework Answers
| 1 | ||
| Actual variable costs | 200000 | =225000-25000 |
| Variable costs in flexible budget | 192000 | =200000-8000 |
| Standard amounts per unit: | ||
| Sales | 7.5 | =300000/40000 |
| Variable costs | 4.8 | =192000/40000 |
| Contribution margin | 2.7 | |
| Less units sold | 10000 | =27000/2.7 |
| Number of budgeted units in the master budget | 50000 | =40000+10000 |
| Option A 50000 units is correct |
2
| Total weighted average equivalent units of production is completed and transferred out units + ending WIP equivalent units |
| Option A is correct |
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