A factory which expects to operate 7,000 hours, i.e., at 70% level of activity, furnishes details of
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Question:
A factory which expects to operate 7,000 hours, i.e., at 70% level of activity, furnishes details of expenses as under:
Variable expenses Rs. 1,260
Semi-variable expenses Rs. 1,200
Fixed expenses Rs. 1,800
The semi-variable expenses go up by 10% between 85% and 95% activity and by 20% above 95% activity.
Construct a flexible budget for 80, 90 and 100 per cent activities.
Expert Answer:
To construct a flexible budget for 80 90 and 100 levels of activity we need to calculate the total e... View the full answer
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