Use the Following Information for the Next 4 Questions

question 119

Multiple Choice

Use the following information for the next 4 questions.
Horton Company produces and sells two products: round and square tables. In August 20x0, the budget projected the following for 20x1: The tables are manufactured using the following direct materials: Budgeted data for 20x1 direct materials are: Budgeted data for 20x1 Direct labor and overhead are:
Direct labor:
-The cost of purchases for direct material P for 20x1 is

• A) $2,805,000
• B) $2,720,000
• C) $2,635,000
• D) $2,550,000

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Definitions:

Activity Variances

Differences between the planned or budgeted amounts of costs and revenues and the actual amounts incurred, driven by variations in business activities.

Customers Served

The number of customers a business or service has provided for or sold to during a specific period, indicating the reach or impact of the business.

Revenue Formulas

Mathematical equations or models used to calculate the total income generated from sales of goods or services before any costs or expenses are deducted.

Patient-visits

An instance of a patient seeking medical services, often used in healthcare management to track and evaluate service demand and capacity planning.