Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ace production co. has two production departments,

Ace Production Co. has two production departments, Fabricating and Assembling. At a department managers' meeting,...

50.1K

Verified Solution

Question

Accounting

image
image
Ace Production Co. has two production departments, Fabricating and Assembling. At a department managers' meeting, the controller uses flexible budget graphs to explain total budgeted costs. Separate graphs based on direct labor hours are used for each department The graphs show the following At zero direct labor hours, the total budgeted cost line and the fixed cost line intersect the vertical axis at $100,000 in the Fabricating Department, and $80,000 in the Assembling Department. At normal capacity of 100,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $360,000 in the Fabricating Department, and $290,000 in the Assembling Department 2. State the total budgeted cost formula for each department. (Round direct labor hour answers to 2 decimal places, e.g. 52.75.) Budgeted Cost Fabricating Department $ + $ per direct labor hour Assembling Department $ +$ per direct labor hour e Textbook and Media - Compute the total budgeted cost for each department, assuming actual direct labor hours worked were 106,000 and 94,000, in the Fabricating and Assembling Departments, respectively Fabricating Department Assembling Department Budgeted Cost $ $ e Textbook and Media

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students