Solved: How may the fixed and variable costs be expressed, Accounting Basics

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How may the fixed and variable costs be expressed

Question:

Cali Company has prepared a graph of flexible budget data. At zero direct labor hours, the total budgeted cost line intersects the vertical axis at $25,000. At 10,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $85,000. How may the fixed and variable costs be expressed?

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Accounting Basics: How may the fixed and variable costs be expressed

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Accounting Basics: How may the fixed and variable costs be expressed

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