In Gansu Ltd., direct labor is 20 per hour. The company expects to operate at 10,000 direct

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In Gansu Ltd., direct labor is ¥20 per hour. The company expects to operate at 10,000 direct labor hours each month. In January 2020, direct labor totaling ¥206,000 is incurred 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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Related Book For  answer-question

Accounting Principles

ISBN: 978-1119419617

IFRS global edition

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

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