Tomlison Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,100 units, but its actual level of activity was 5,150 units. The company has provided the following data concerning the formulas to be used in its budgeting:
-The direct materials in the flexible budget for October would be closest to:
Definitions:
Psychological Preferences
The individual tendencies towards certain ways of thinking, feeling, and behaving.
Preferences
Individuals' choices or inclinations regarding people, objects, or outcomes, often influenced by their values, beliefs, and past experiences.
Personality Traits
Enduring characteristics that describe an individual's behavior, thought patterns, and emotional responses.
Inherited
A trait, characteristic, or possession passed down from previous generations through biological or legal means.
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