The flexible budget formula is fixed costs R$50,000 plus variable costs of R$4 per direct labor hour.
Question:
The flexible budget formula is fixed costs R$50,000 plus variable costs of R$4 per direct labor hour. What is the total budgeted cost at
(a) 9,000 hours and
(b) 12,345 hours?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
a At 9000 hours total budget...View the full answer
Answered By
Grace Igiamoh-Livingwater
I am a qualified statistics lecturer and researcher with an excellent interpersonal writing and communication skills. I have seven years tutoring and lecturing experience in statistics. I am an expert in the use of computer software tools and statistical packages like Microsoft Office Word, Advanced Excel, SQL, Power Point, SPSS, STATA and Epi-Info.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Question Posted:
Students also viewed these Business questions
-
Kalyani Rai is studying for an accounting examination. Describe for Kalyani what conditions are necessary for responsibility accounting to be used effectively.
-
Torres SE accumulates the following summary data for the year ending December 31, 2020, for its Water Division, which it operates as a profit center: sales2,000,000 budget, 2,080,000 actual; variable...
-
Minh Furniture uses budgets in controlling costs. The August 2020 budget report for the companys Assembling Department is as follows. The monthly budget amounts in the report were based on an...
-
Onefifth of a hive of bees flew to the Kadamba flower; one-third flew to the Silandhara; three times the difference of these two numbers flew to an arbor, and one bee continued flying about,...
-
Prove the statements made after Eq. (4.51) about products of even and odd functions.
-
A gas in a 1.0 L closed cylinder has an initial pressure of 10.0 bar. It has a final pressure of 5.0 bar. The volume of the cylinder remained constant during this time. What form of energy was...
-
is the differentiation strategy only appropriate for luxury goods? Explain.LO1
-
Lancaster Company recorded the following transactions for the just-completed month: a. $45,000 in raw materials was purchased on account. b. $125,000 in raw materials was requisitioned for use in...
-
1-Comment on the Saudi Debt Market. How active is the Saudi Debt Market? What are the prospects of the Debt Market in Saudi Arabia? (1 mark) 2-Support your answers with valid references. (0.5 marks)...
-
The truss, used to support a balcony, is subjected to the loading shown. Approximate each joint as a pin and determine the force in each member. State whether the members are in tension or...
-
Kimje Foods 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 10,000 direct labor hours, the line drawn...
-
Ojas Namjoshi is confused about controllable margin reported in an income statement for a profit center. How is this margin computed, and what is its primary purpose?
-
Are other aspects of computing advancing as well? At what approximate rates? What is Kryder's Law?
-
2 4 . In the current year, Madison sold Section 1 2 4 5 property for $ 6 , 0 0 0 . The property cost $ 2 6 , 0 0 0 when it was purchased 5 years ago. The depreciation claimed on the property was $ 2...
-
Swifty Company purchased machinery on January 1, 2025, for $82,400. The machinery is estimated to have a salvage value of $8,240 after a useful life of 8 years. (a) Your answer is incorrect. Compute...
-
Currently, the unit selling price is $ 5 0 , the variable cost is $ 3 4 , and the total fixed costs are $ 1 0 8 , 0 0 0 . a . Compute the current break - even sales in units.
-
(1) The Mean Value Theorem states: Let f be continuous over the closed [a, b] and differentiable over the open interval (a, b). Then, there exists at least one point c E (a, b) such that: f(b) - f(a)...
-
Assume you are an Israeli investor; the symbol for the Israeli currency, the shekel, is ILS. You see that stock for Top Image has a bid price of ILS 17 and an ask price of ILS 19 in Israel, a bid...
-
Which of the following should be capitalized when a piece of production equipment is acquired for a factory? a. Sales tax b. Transportation costs c. Installation costs d. All of the above
-
Provide examples of a situations in which environmental disruptions affected consumer attitudes and buying behaviors.
-
Define current assets. What basis is used for arranging individual items within the current assets section?
-
Define current assets. What basis is used for arranging individual items within the current assets section?
-
Define current assets. What basis is used for arranging individual items within the current assets section?
-
Regarding research and experimental expenditures, which of the following are not qualified expenditures? 3 a. costs of ordinary testing of materials b. costs to develop a plant process c. costs of...
-
Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting...
-
Oct. 31: Paid salaries, $45,000 ( 75% selling, 25% administrtive). Data table Data table them to retail stores. The company has three inventory items: and floor lamps. RLC uses a perpetual inventory...
Study smarter with the SolutionInn App