Lemon,IncHas Prepared the Following Budgets for March

question 55

Multiple Choice

Lemon,Inc.has prepared the following budgets for March.In March,budgeted production is 1,000 units,budgeted sales is 1,200 units,and direct materials inventory and unit costs will stay constant. What is budgeted cost of goods sold for March?

• A)$40,734
• B)$42,400
• C)$48,880
• D)$50,880

---

Definitions:

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.

Hydrogen Atoms

A hydrogen atom consists of one proton and one electron; it is the simplest and most abundant atom in the universe.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonds and electricity.

Oxidation

A chemical reaction involving the loss of electrons or an increase in oxidation state by a molecule, atom, or ion.