Asked by

Brooke Giessen
on Dec 17, 2024

verifed

Verified

Courington Detailing's cost formula for its materials and supplies is $2,420 per month plus $9 per vehicle. For the month of August, the company planned for activity of 63 vehicles, but the actual level of activity was 33 vehicles. The actual materials and supplies for the month was $2,840.The materials and supplies in the planning budget for August would be closest to:

A) $5,422
B) $2,840
C) $2,987
D) $2,717

Planning Budget

A budget prepared for a specific level of activity, used for planning purposes.

Materials and Supplies

Items and components used in the manufacturing process or in the maintenance of equipment and facilities.

Cost Formula

An equation or calculation used to determine the costs associated with the production of goods or services.

  • Comprehend the concept of a flexible budget and its modifications.
verifed

Verified Answer

TR
Talvon RobinsonDec 18, 2024
Final Answer:
Get Full Answer