Question: Remaining Time: 58 minutes, 07 seconds. Question Completion Status: Ob OC Od QUESTION 6 The cost of indirect materials in any quarter is 40% variable

Remaining Time: 58 minutes, 07 seconds. Question Completion Status: Ob OC Od QUESTION 6 The cost of indirect materials in any quarter is 40% variable (varying with direct labour hours) and 60% fixed. The total cost of indirect materials during the current quarter was budgeted at $800. During the next quarter, it is expected that the direct labour hours will be 20% lower compared to the current quarter. What should be budgeted for the cost of indirect materials for the next quarter? $[ QUESTION 7

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