# At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at \$30,000. At 10,000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at \$90,000. Fixed and variable costs may be expresses as.

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At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at \$30,000. At 10,000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at \$90,000. Fixed and variable costs may be expresses as.

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Step 1

Fixed costs: Fixed costs are those costs which remain unchanged even there is a change in the production volume.

Variable costs: Variable costs are those costs which change in proportion to change in the production volume.

Step 2

Calculate the fixed and...

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