The flexible budget formula is fixed costs $40,000 plus variable costs of $4 per direct labor hour.

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The flexible budget formula is fixed costs $40,000 plus variable costs of $4 per direct labor hour. What is the total budgeted cost at

(a) 9,000 hours and

(b) 12,345 hours?

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 19, 2011 12:26 PM

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The flexible budget formula is fixed costs $40,000 plus variable costs of $4 per direct labor hour.

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