In Hinsdale Company, direct labour is $20 per hour. The company expects to operate at 10,000 direct

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In Hinsdale Company, direct labour is $20 per hour. The company expects to operate at 10,000 direct labour hours each month. In January 2012, the company incurs direct labour totalling $203,000 in working 10,400 hours. Prepare
(a) A static budget report and
(b) A flexible budget report. Evaluate the usefulness of each report.
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Managerial Accounting Tools for Business Decision Making

ISBN: 978-1118033890

3rd Canadian edition

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

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