Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hey chegg im looking to find out the TOTAL COST for this problem since i already know the fixed cost. Please show work not on
Hey chegg im looking to find out the TOTAL COST for this problem since i already know the fixed cost. Please show work not on excel.
A company is analyzing its mixed costs. During July, its busiest month, a company had total labor hours of 14,000 and total costs of $40,000. During February, its slowest month, the company had labor hours of 8,000 and total costs of $25,000. The company is planning for 12,000 direct labor hours next April. How many dollars should the company budget for TOTAL COST during April?
A)$5,000
B)$6,000
C)$30,000
D)$35,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started