QuickHelper

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Category > Accounting Posted 10 Jun 2017 My Price 15.00

Business and finance: how much is the expected total variable cost on the August budget?

Question description

 

 

Aaron's chairs is in the process of preparing a production cost budget for August. Actual costs in July for 120 chairs were:

Materials cost $4,540
Labor cost 2,740
Rent 1,500
Depreciation 2,500
Other fixed costs

3,200

Materials and labor are the only variable costs. If production and sales are budgeted to increase to 130 chairs in August, how much is the expected total variable cost on the August budget?

Answers

QuickHelper
(10)
Status NEW Posted 10 Jun 2017 08:06 AM My Price 15.00

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