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Question 8 1 pts The type of budget that budgets standard costs for the actual volume of production is a: standard budget. static budget. fixed

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Question 8 1 pts The type of budget that budgets standard costs for the actual volume of production is a: standard budget. static budget. fixed budget. flexible budget. Question 9 1 pts Ben budgeted for 12 direct labour hours on his client's tiling project. Historically, similar projects have taken a total of 10-15 hours to complete, with an average completion time of 13.5 hours. Assuming his team met the budget target, how many hours should be included in the direct labour price variance calculation? 12 O 10 13.5 15 Question 10 1 pts Hoppe Inc. manufactures widgets. Management has determined that each widget has a standard materials cost of $4.80 when 3 grams of raw material at a cost of $1.60 per gram are used. estimated production of 4000 widgets in December. During The static budget for the month of December showed December, 4500 widgets were actually produced. The actual cost for each widget was $5.00 when 3.33 grams of raw material at a cost of $1.50 per gram were purchased and used. What should be the total direct materials cost according to Hoppe's flexible budget for December? O $22 500 $19 200 O $19 480 O $21 600

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