Question
M Company prepared a static budget of 50,000 direct labor hours, with estimated overhead costs of $250,000 for variable overhead and $60,000 for fixed overhead.
M Company prepared a static budget of 50,000 direct labor hours, with estimated overhead costs of $250,000 for variable overhead and $60,000 for fixed overhead. Trepid then prepared a flexible budget at 38,000 labor hours. How much is total overhead costs at this level of activity?
$260,000
$250,000
$247,000
$190,000r
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Practical Business Statistics
Authors: Andrew Siegel
6th Edition
0123852080, 978-0123852083
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