Solved: The department actually completed 10000 hours of production, Accounting Basics

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The department actually completed 10000 hours of production

Question - At the beginning of the period, the cutting department budgeted direct labor of 155,000, direct materials of 165,000 and fixed factory overhead of 15,000 for 9,000 hours of production. The department actually completed 10,000 hours of production. What is the appropriate total budget for the department, assuming it uses flexible budgeting?

416,000

370,556

368,889

335,000

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Accounting Basics: The department actually completed 10000 hours of production

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Accounting Basics: The department actually completed 10000 hours of production

Reference No:- TGS02902466

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