A flexible budget graph for the Assembly Department shows the following: 1. At zero direct labor hours, the total budgeted cost line intersects the vertical axis at $128,000, At normal capacity of 50,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at 2. $376,000. Develop the budgeted cost calculation for the Assembly Department and identify the fixed and variable costs. (Round varlable cost value to 2 decimal places, e.g. 52.75.) Budgeted cost = $ + $ per labor hour

A flexible budget graph for the Assembly Department shows the following: 1. At zero direct labor hours, the total budgeted cost line intersects the vertical axis at $128,000, At normal capacity of 50,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at 2. $376,000. Develop the budgeted cost calculation for the Assembly Department and identify the fixed and variable costs. (Round varlable cost value to 2 decimal places, e.g. 52.75.) Budgeted cost = $ + $ per labor hour

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter23: Flexible Budgeting (flexbud)

Section: Chapter Questions

Problem 1R

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