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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Aflexible budget graph for the Assembly Department shows the following: 1. At zero directlabor hours, the total budgeted cost line intersects the vertical axis at $128,00. 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 andidentify the fixed and variable costs. (Round varlable cost value to 2 decimal places, eg. 52.75) Budgeted cost - $ +%24 per labor hour eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later %24
Transcribed Image Text:Aflexible budget graph for the Assembly Department shows the following: 1. At zero directlabor hours, the total budgeted cost line intersects the vertical axis at $128,00. 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 andidentify the fixed and variable costs. (Round varlable cost value to 2 decimal places, eg. 52.75) Budgeted cost - $ +%24 per labor hour eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later %24
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