3 The rent expense is $1,000 at a sales level of $100,000. Budget the rent expense...
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3 The rent expense is $1,000 at a sales level of $100,000. Budget the rent expense at a sales level of $200,000. Problem 4 Budget the labor expense for a forecasted sales level of $200,000 from the following data: Historical sales level: $100,000 Historical semi-variable: $30,000. (TC $30,000 =VC $25,000 + FC $5,000) Problem 5 Compute the monthly and annual fixed portion of the following semi-variable expense using the high- low method: Month Room's value Labor cost $100 $80 $79 $120 $90 Carry the unit variable rate to four decimals. Round the final answers to whole dollars. 1. 2. 3. 4. 5. 175 125 128 200 150 3 The rent expense is $1,000 at a sales level of $100,000. Budget the rent expense at a sales level of $200,000. Problem 4 Budget the labor expense for a forecasted sales level of $200,000 from the following data: Historical sales level: $100,000 Historical semi-variable: $30,000. (TC $30,000 =VC $25,000 + FC $5,000) Problem 5 Compute the monthly and annual fixed portion of the following semi-variable expense using the high- low method: Month Room's value Labor cost $100 $80 $79 $120 $90 Carry the unit variable rate to four decimals. Round the final answers to whole dollars. 1. 2. 3. 4. 5. 175 125 128 200 150
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Problem 4 Budgeting the labor expense for a forecasted sales level of 200000 To budget the labor expense we need to determine the fixed and variable c... View the full answer
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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