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Venetian Company has two production departments, Fabricating explain total budgeted costs. Separate graphs based on direct labor hours are used for each department. The graphs show the following and o the total budgeted cost line and the fixed cost line intersect the vertical axis at $45,000 in the Fabricating Department and $35,000 in the Assembling Department. 2. At normal capacity of 48,300 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $160,920 in the Fabricating Department, and $107,450 in the Assembling Department State the total budgeted cost formula for each department. (Round cost Fabricating Department Assembling Department-s per direct labor hour to 2 decimal places, eg. 1.25.) +total per direct labor hour +total of $ per direct labor hour for each department, assuming actual direct labor hours worked were 51,300 and 45,300, in the Fabricating and Assembling Departments, respectively. Fabricating Department Assembling Department The total budgeted cost Click if you would like to Show Work for this question: Open Show werk