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The cost formulas for Swan Company's manufacturing overhead costs are given below. The costs cover a range of 8,000 to 10,000 machine-hours. Overhead Costs Cost
The cost formulas for Swan Company's manufacturing overhead costs are given below. The costs cover a range of 8,000 to 10,000 machine-hours. Overhead Costs Cost Formula Supplies $0.20 per machine-hour Indirect labor... S10,000 plus $0.25 per machine-hour Utilities... $0.15 per machine-hour Maintenance $7,000 plus $0.10 per machine-hour Depreciation $8,000 Required: Prepare a flexible budget in increments of 1,000 machine-hours. Include all costs in your flexible budget
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