Question: Indirect fixed costs remain constant at$390,000 per month. During high-output months indirect variable costs are $330,000, and during low-output months indirect +variable costs are $78,000.
Indirect fixed costs remain constant at$390,000 per month. During high-output months indirect variable costs are $330,000, and during low-output months indirect +variable costs are $78,000. What are the respective high and low indirect-cost rates if budgeted professional labor-hours are 12,000 for high-output months and 3,000 for low-output months
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
