Solution-How fixed and variable costs may be expressed as

How fixed and variable costs may be expressed as

Reference no: EM132715822

Problem 1: At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at $30000. At 10000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at $80000. Fixed and variable costs may be expressed as:

A. $30000 fixed plus $5 per direct labor hour variable.
B. $30000 fixed plus $8 per direct labor hour variable.
C. $50000 fixed plus $3 per direct labor hour variable.
D. $50000 fixed plus $5 per direct labor hour variable.

Reference no: EM132715822

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How fixed and variable costs may be expressed as

Reference no: EM132715822

Reference no: EM132715822

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