At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the
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At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at $30000. At 10000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at $80000. Fixed and variable costs may be expressed as:
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Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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