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Practice Question 20 At zero direct labor hours in a flexible budget graph, the total budoeted cost Ine intersects the yertical axis at $30,000, At

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Practice Question 20 At zero direct labor hours in a flexible budget graph, the total budoeted cost Ine intersects the yertical axis at $30,000, At 10.000 drect labor hours,, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at $90,000. Fixed and variable costs may be expressed as $60,000 foxed plus $6 per drect labor hour variable $30,000 fixed plus $9 per deect labor hour variable s60.000 fxed plus $3 per direct labor hour variable $30.000 foxed plus $6 per direct labor hour variable Practice Question 21 At 9,000 drect labor hours, the flexible budget for indirect materials is $27.000, If $28.000 of indrect materials costs are incurred at 9.200 direct labor hours, the flexible budget report should show the following difference for indirect materialls $1,000 favorable. e s400 favorable, $400 unfavorable. O $1,000 undavorable Multiple Choice Question 70 Marigold Corp.'s budgeted manufacturing costs for 70000 squares of shingles are: Fixed manufacturing costs $12000 $16 per square Variable manufacturing costs Marigold produced 40000 squares of shingles during March. How much are budgeted total manufacturing costs in March? $640000 $1132000 $1120000 $652000 Multiple Choice Question 76 Concord Corporation budgeted manufacturing costs for 30000 tons of steel are: Fixed manufacturing $50000 per monthi costs Variable manufacturing costs $12 per ton of steel Concord produced 25000 tons of steel during March. How much is the flexible budget for total manufacturing costs for March? $350000 $410000 $300000 $345000

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