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Bisset Corporation has developed the following flexible budget formula for annual indirect labor cost: Total costs = $9,600 + $0.75 per machine hour Operating budgets

Bisset Corporation has developed the following flexible budget formula for annual indirect labor cost:

Total costs = $9,600 + $0.75 per machine hour Operating budgets

for the current month are based upon 30,000 hours of planned machine time.

Indirect labor costs included in this planning budget are:

$23,300.
$22,500.
$32,100.
$2,425.

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