Smart Manufacturing budgeted costs for 50,000 linear feet of block are:

Fixed manufacturing costs $24,000 per month
Variable manufacturing costs $16.00 per linear foot

Smart installed 40,000 linear feet of block during March. How much is budgeted total manufacturing costs in March?

a) $800,000
b) $664,000
c) $640,000
d) $824,000

Answer: b) $664,000

Business

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Complete the following statement

When a company invests in equity securities with 20% to 50% ownership in the investee's _______ stock, the investor can ________ ________ the investee's decisions. These types of investments must be accounted for using the ________ method. What will be an ideal response

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