Novak Company has two production departments, Fabricating and Assembling. At a department managers meeting the controller uses flexible budget graphs to explain total budgeted costs. A separate graph based on direct labor hours is used for each department The graphs show the following. 1. At zero direct labor hours, the total budgeted cost line and the fixed-cost line intersect the vertical axis at $50,000 in the Fabricating Department and $40,000 in the Assembling Department At normal capacity of 50,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $160,000 in the Fabricating Department and $120,000 in the Assembling Department. 2. State the total budgeted cost equation for each department. (Round cost per direct labor hour to 2 decimal places, e.g. 1.25.) Fabricating Department = $ tota of $ Variable Costs Fixed Costs Assembling Department $ total + of $ (a) State the total budgeted cost equation for each department. (Round cost per direct labor hour to 2 decimal places, e.g. 1.25.) $ total of $ per direct labor hour Fixed Costs Variable Costs $ total of $ per direct labor hour