A firm producing one product has a budgeted overhead of $100,000,of which $20,000 is variable.The budgeted direct labor is 10,000 hours.
Required: Fill in the blanks.
a.
$\text {\underline{ Production} }$ $\text {\underline{ Flexible budget} }$

$120 \%$ ________________
$100 \%$ _______________
$90 \%$ _______________
60\% __________________

Question

A firm producing one product has a budgeted overhead of $100,000,of which $20,000 is variable.The budgeted direct labor is 10,000 hours.
Required: Fill in the blanks.
 a.
$\text {\underline{ Production} }$                    $\text {\underline{ Flexible budget} }$

$120 \%$                                      ________________ 
$100 \%$                                        _______________
$90 \%$                                              _______________
60\%                                              __________________

Quizplus · Accepted Answer

The Answer of A firm producing one product has a budgeted overhead of $100,000,of which $20,000 is variable.The budgeted direct labor is 10,000 hours.
Required: Fill in the blanks.
 a.
$\text {\underline{ Production} }$                    $\text {\underline{ Flexible budget} }$

$120 \%$                                      ________________ 
$100 \%$                                        _______________
$90 \%$                                              _______________
60\%                                              __________________

A Firm Producing One Product Has a Budgeted Overhead of $100,000,of