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Pink Company Planned to Produce 12,000 Units

question 45

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Pink Company planned to produce 12,000 units.Processing required 16,000 machine hours at a cost of $15,000 + $10.50 per machine hour.Actual sales were 14,000 units requiring 21,000 machine hours.Actual processing cost was $222,000._____ is the flexible budget amount for processing.


Definitions:

Recognized

Generally refers to the acceptance or acknowledgment of something as valid, legal, or official.

Substantial

Of considerable importance, size, or worth; significant enough to merit attention.

Assignee

is an individual or entity to whom rights or interests have been transferred by another party.

Timely Fashion

Completing tasks or obligations within a designated or reasonable time frame.

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