EX 8-3 Static budget versus flexible budget Obj. 2,4 The production supervisor...

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Accounting

EX 8-3 Static budget versus flexible budget
Obj. 2,4
The production supervisor of the Machining Department for Hagerstown Company agreed to the following monthly static budget for the upcoming year:
\table[[,\table[[Hagerstown Company],[Machining Department],[Monthly Production Budget]],],[Wages.......,cdots,$2,250,000
every month but should "flex" or adjust to the volume of work that is produced in the Machining Department. Additional budget information for the Machining Department is as follows:
\table[[Wages per hour,$25.00

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