Question: The flexible budget formula is fixed costs $40,000 plus variable costs of $4 per direct labor hour. What is the total budgeted cost at (a)

The flexible budget formula is fixed costs $40,000 plus variable costs of $4 per direct labor hour. What is the total budgeted cost at

(a) 9,000 hours and

(b) 12,345 hours?


Step by Step Solution

★★★★★

3.47 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a At 9000 hours total budg... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

47-B-M-A-B-P-C (73).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

The flexible budget formula is fixed costs R$50,000 plus variable costs of R$4 per direct labor hour. What is the total budgeted cost at (a) 9,000 hours and (b) 12,345 hours?

Q:

The flexible budget formula is fixed costs $50,000 plus variable costs of $4 per direct labor hour. What is the total budgeted cost at (a) 9,000 hours and (b) 12,345 hours?

Q:

Problem 23-7A Your answer is partially correct. Try again. Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-3 pound plastic at...

Q:

XYZ Corporation prepares a flexible budget based on production levels. The budgeted variable overhead rate is $5 per direct labor hour, and the budgeted fixed overhead is $20,000 per month. In a...

Q:

3. Rollerblade Corp. has budgeted fixed overhead costs of $50,000 per month plus a variable rate of $4 per direct labor hour. The total factory overhead rate is $6. Actual factory overhead in October...

Q:

Concord's standard quantities for 1 unit of product include 4 pounds of materials and 0.5 labor hours. The standard rates are $2 per pound and $3 per hour. The standard overhead rate is $4 per direct...

Q:

Please solve those MC. ACCOUNTING 203 ONLINE EXAM #4 (CHS. 22,23) 150 PTS. Please highlight your answers in yellow. 1. An unfavorable materials quantity variance would occur if A) more materials were...

Q:

Multiple Choice Question 85 A company developed the following per-unit standards for its product: 2 pounds of direct materials at $6 per pound. Last month, 2000 pounds of direct materials were...

Q:

I. Garza and Neely CPAs, are preparing their service revenue (sales) budget for the coming year (2014).The practice is divided into the three departments: auditing, tax, and consulting.Billable hours...

Q:

The flexible formula is fixed costs $ 5 0 , 0 0 0 plus variable cost of $ 4 per direct labor hour. What is the budgeted cost at ( a ) 9 , 0 0 0 hours and ( b ) 1 2 , 3 4 5 hours?

Q:

(c) Calculate the net radiation transfer per unit area of the window to the vacuum chamber wall, excluding the transmitted simulated solar flux. 0.90 0.15 0.10 0.05 0.38 1.9 0.38 1.9

Q:

Discuss the social responsibility of a Canadian or U.S. manager working in Mexico. If a certain course of action is illegal in the managers own country but lawful and accepted in Mexico, which...

Q:

Which of the following is an accurate stmtement about the formation of partnerships? A wrimen agreement that creates a partnership is called the afticles of organiration. An expicit written apreement...

Q:

On Jan 1, 2012, Revlon, Inc. granted 5M of its $1 par common shares and 5M stock options (to purchase 5M common shares at $22 per share) to division managers. The granted shares and options are...

Q:

In 2019, Frank Balmer attends university for 5 months. His total tuition for the year, including all ancillary fees, is $4,100, of which he prepaid $1,400 in 2018. The amount paid in 2019 includes...

Q:

American Steel has issued $50 million in long-term bonds, with a face value of $1,000 paying a 9% coupon. The bonds are now trading at a 15% premium to their face value providing a yield-to-maturity...

Q:

French Biscuit Manufacturer (FBM), produces two types of biscuits (i) double chocolate biscuits and (ii) tea time biscuits in two separate manufacturing units. They are interested in expanding the...

Q:

Two SJSU grads are planning to marry in September 2021. They estimate that they will need $15,000 for the wedding and reception, and they have saved $8,000 so far. Their savings are in an account...

Q:

How did Mendeleevs discovery aid in discovering additional elements?

Q:

Russell Corporation sells three different models of mosquito "zapper." Model A12 sells for $50 and has variable costs of $40. Model B22 sells for $100 and has variable costs of $70. Model C124 sells...

Q:

Presto Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 50%, and large scented candles...

Q:

Naylor Manufacturing Inc. sold 8,000 units and recorded sales of $400,000 for the first month of 2016. In making the sales, the company incurred the following costs and expenses. Instructions (a)...

Q:

In a survey of 2025 adults in a certain country conducted during a period of economic uncertainty, 53% thought that wages paid to workers in industry were too low. The margin of error was 6...

Q:

Hodgkiss Enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two projects? (Do not round intermediate calculations and...

Q:

how to write option 5,6,7 PYTHON instructions: 1 - ONLY USE THESE ( loops, if, files, dicts, functions, lists ) 2- if youre not gonna answer the question fully DONT ANSWER IT im sure chegg has better...