Total finished units to be produced is based on the ________.
A) direct material purchase budget
B) budgeted sales units
C) direct material usage budget
D) budgeted manufacturing overhead
Question 2
The following accounts were taken from the Adjusted Trial Balance columns of the work sheet: Accumulated Depreciation 3,200 Fees Earned 17,400 Depreciation Expense 1,300 Insurance Expense 400 Prepaid Insurance 4,800 Supplies 900 Supplies Expense 3,800 Net income for the period is
a. 5,500
b. 11,900
c. 17,400
d. 8,700
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