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Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.
When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.
-The amount shown for "Employee salaries and wages" in the planning budget for March would have been closest to:
Accounting Firm
A business that provides services related to the processing, measurement, and communication of financial information about economic entities.
Salaries
Payments made to employees for their services, typically expressed as an annual sum and paid at regular intervals.
Mathematics Scores
Numerical outcomes or grades obtained from assessments or tests in the field of mathematics.
High-School
An educational institution for students usually between the ages of 14 and 18, offering secondary education.
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