20 acct questions 2

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Shef�eld Company has prepared a graph of �exible budget data. At zero direct labor hours, the total budgeted cost line intersects the vertical axis at $25,300. At 11,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $93,500. How may the �xed and variable costs be expressed? (Round variable cost per direct labor hour to 2 decimal places, e.g. 1.25.)

Total budgeted costs are $ �xed plus $ per direct labor hour.

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221 Exam 3 Ch 22-25

Question 20 of 20 - / 7.5