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You begin asking your friend for the information you need to construct a flexible budget. Your friend gives you the following information: The budgeted variable
You begin asking your friend for the information you need to construct a flexible budget. Your friend gives you the following information:
The budgeted variable cost per pound of laundry is $
The actual variable cost per pound of laundry is $
The budgeted volume is pounds
The actual volume is pounds.
Budgeted fixed cost is $
Actual fixed cost is $
Use these figures to find the original static budgeted expense, the actual expense, and the flexible budget expense. Find total expenses, not expenses per pound of laundry
What is the original static budgeted expense?
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