Gulfstream Corporation\'s static budget is based on a planned activity level of
ID: 2404263 • Letter: G
Question
Gulfstream Corporation's static budget is based on a planned activity level of 48,000 units. At the same time the static budget was prepared, the management accountant prepared two additional budgets, one based on 43,000 units and one based on 53,000. The company actually produced and sold 52,000 units. In evaluating its performance, management should compare the company's actual revenues and costs to which of the following budgets?
A. A budget based on 52,000 units
B. A budget based on 43,000 units
C. A budget based on 48,000 units
D. A budget based on 53,000 units
Explanation / Answer
Answer
A ) A budget based on 52000 units
management should compare the company actual revenues and costs for a budget based on number actually produced sold
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.