17) The basic idea underlying responsibility accounting is that a manager should be held significant extent A) TRUE ible for those items -and only those items-that the manager can actually control to a B) FALSE 18) The budgeted income statement is typically prepared before the budgeted balance sheet. A) TRUE B) FALSE 19) The master budget consists of a number of separate but interdependent budgets A) TRUE B) FALSE 20) The usual starting point for a master budget is: A) the direct materials purchase budget. B) the budgeted income statement D) the production budget. 21) Buckson Framing's cost formula for its supplies cost is $1,350 per month plus $18 per frame. For the month of June, the company planned for activity of 716 frames, but the actual level of activity was 713 frames. The actual supplies cost for the month was $14,820. The supplies cost in the flexible budget for June would be closest to: A) $14,820 B) S14,184 C) $14,178 D) $14,2338