In Paige Company, direct labor is $20 per hour. The company expects to operate at 10,000 direct

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In Paige Company, direct labor is $20 per hour. The company expects to operate at 10,000 direct labor hours each month. In January 2014, direct labor totaling $204,000 is incurred in working 10,400 hours. Prepare

(a) a static budget report and

(b) a flexible budget report. Evaluate the usefulness of each report.

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