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JAX Co. prepared a master budget for 2021 reflecting indirect material costs of $176,677 based on annual production of 135,935 widgets (the annual production
JAX Co. prepared a master budget for 2021 reflecting indirect material costs of $176,677 based on annual production of 135,935 widgets (the annual production is spread out equally over the twelve months). During July 2021, JAX Co. produced 10,250 widgets incurring indirect material costs of $15,600. What was the flexible budget amount (in dollars) for indirect materials for July 2021?
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Answer JAX Cos flexible budget amount for indirect materials in July 2021 is 133220 ...
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
