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Exercise 16-24 Flexible Budget (LO 16-2) Use the given data shown in the graph. Required: a. What is the budgeted fixed cost per period? b.
Exercise 16-24 Flexible Budget (LO 16-2)
Use the given data shown in the graph.
Required:
a. What is the budgeted fixed cost per period?
b. What is the budgeted variable cost per unit?
c. What is the value of F (that is, the flexible budget for an activity level of 8,000 units)?
d. What is the flexible budget cost amount if the actual activity had been 16,000 units?
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