Flexible budget formulas and interpolation Required: 1. Using the facts and the flexible budget prepared in Part
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Required:
1. Using the facts and the flexible budget prepared in Part (1) of P7-7 above, determine the budgeted cost at 96% of capacity, using interpolation.
2. Using the flexible budget prepared in Part (1) of P7-7 above, determine the budgeted cost at 104% of capacity, using a method other than interpolation.
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1 Budgeted cost at 100 9000 Budgeted cost at 90 8800 ...View the full answer
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