At the beginning of the period, the Cutting Department budgeted direct labor of $155,000, direct materials of $165,000, and fixed factory overhead of $15,000 for 9,000 hours of production The department actually completed 10,000 hours of production The appropriate total budget for the department, assuming it uses flexible budgeting, is Oa $416,000 Ob $370,500 Oc $368,889 Od $335,000

Question

At the beginning of the period, the Cutting Department budgeted direct labor of $155,000, direct materials of $165,000, and fixed factory overhead of $15,000 for 9,000 hours of production  The department actually completed 10,000 hours of production  The appropriate total budget for the department, assuming it uses flexible budgeting, is Oa  $416,000 Ob  $370,500 Oc  $368,889 Od  $335,000

Accepted Answer

The Answer is in the image, click to view ...

Question

At the beginning of the period, the Cutting Department budgeted direct labor of $155,000, direct materials of $165,000, and fixed factory overhead of $15,000 for

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI