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ure https://edugen.wileyplus.com/edugen/student/mainfr.uni US Kimmel, Accounting

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Question

ure https://edugen.wileyplus.com/edugen/student/mainfr.uni US Kimmel, Accounting, 6e FINANCIAL & MANAGERIAL (ACC 110/210) CKXT Question 10 pany has prepared a graph of flexible budget data. At zero direct labor hours, the total budgeted cost line intersects the vertical axis at $20,000. At , the line drawn from the total budgeted cost line intersects the vertical axis at $85,000. How may the fixed and variable costs be expressed? Total budgeted costs are $ fixed plus $ per direct labor hour Open Show Work Click if you would like to Show vork for this question: l 2000-2

Explanation / Answer

total budgeted costs are 20,000 fixed plus $6.50 per direct labor hour