Some of the beginning and end of the period information of the production enterprise, which budgets the General Production Expenses on its products according to the Direct Labor Hours, are as follows. Budgeted General Production Expenses 20.000.-₺ Actual Activity Volume 3,800 Direct labor hours Actual General Production Expenses 18.000.-₺ Overload 1.000.-₺ Desired: Calculate the "Budgeted Activity Volume" of the business. A. 4,500 Direct labor hours B. 4,000 Direct labor hours
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
6)
Some of the beginning and end of the period information of the production enterprise, which budgets the General Production Expenses on its products according to the Direct Labor Hours, are as follows.
Budgeted General Production Expenses 20.000.-₺
Actual Activity Volume 3,800 Direct labor hours
Actual General Production Expenses 18.000.-₺
Overload 1.000.-₺
Desired: Calculate the "Budgeted Activity Volume" of the business.
A. 4,500 Direct labor hours
B. 4,000 Direct labor hours
C. 2,500 direct labor hours
D. 3,000 Direct labor hours
E. 5,000 Direct labor hours
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