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Principles of accounting

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45. Prepare a flexible budget for 8,000, 9,000, and 10,000 units of output, given the following data:

Variable costs: Budgeted fixed overhead $90,000
Direct materials $5
Direct labor 4
Overhead 8

Ans: Flexible Budget

Variable Cost
Units Produced
Category per Unit
Variable costs:
Direct materials
Direct labor
Overhead
Total variable costs
Fixed costs:
Overhead
Total costs

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The principles of accounting are examined.

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