View Policies Current Attempt in Progress At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at $40000. At 15000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at $120000. Fixed and variable costs may be expressed as: O $80000 fixed plus $5.33 per direct labor hour variable. O $80000 fixed plus $2.67 per direct labor hour variable. O $40000 fixed plus $5.33 per direct labor hour variable. O $40000 fixed plus $8.00 per direct labor hour variable. e Textbook and Media