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what amount will be reported in the flexible budget for Fixed MOH? Questions 1 and 2 are based on the following information. Below please find
what amount will be reported in the flexible budget for Fixed MOH?
Questions 1 and 2 are based on the following information. Below please find the static budget and actual results for the year ended 12/31/19 for XYZ Corp, You are working as an accounting intern for the company and you have been asked to prepare a flexible budget for the year ended 12/31/19. The relevant range is from 0 to 15,000 units. All units manufactured are sold. Actual Flexible Static Results Budget Budget Units produced and 12,000 11,000 sold Direct materials $35,000 $33,000 $22.000 Direct labor $23,500 Variable MOH $10,500 Fixed MOH $94.000 $11,000 $110,000 Step by Step Solution
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