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What budgeted cost of goods manufactured should be

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Reference no: EM132521984

Question 1: If budgeted beginning finished goods inventory is $8,000, budgeted ending finished goods inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted cost of goods manufactured should be

a. $1,400

b. $11,550

c. $11,660

d. $9,600

Question 2: The revenue that is forgone from an alternative use of an asset, such as cash, is called

a. sunk cost

b. differential profit

c. opportunity cost

d. differential revenue

Reference no: EM132521984

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