QUESTION 9 Using the incomplete Flexible Budget Performance Report below, calculate the total fixed costs on the Flexible Budget (at 120 hours). Master Budget (100| Flexible hours) $2,000 Budget |(120 hours) Sales Revenue Total Variable Costs $400 ? Total Fixed Costs $800 Total Fixed Costs at 120 hours =

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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QUESTION 9
Using the incomplete Flexible Budget Performance Report below, calculate the total fixed costs on
the Flexible Budget (at 120 hours).
Master Budget (100 Flexible
Budget
hours)
(120 hours)
Sales Revenue
$2,000
Total Variable Costs
$400
?
Total Fixed Costs
$800
Total Fixed Costs at 120 hours =
Transcribed Image Text:QUESTION 9 Using the incomplete Flexible Budget Performance Report below, calculate the total fixed costs on the Flexible Budget (at 120 hours). Master Budget (100 Flexible Budget hours) (120 hours) Sales Revenue $2,000 Total Variable Costs $400 ? Total Fixed Costs $800 Total Fixed Costs at 120 hours =
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