Business, 07.06.2020 04:59 dondre54

Venetian Company 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. 1. At zero direct labor hours, the total budgeted cost line and the fixed cost line intersect the vertical axis at $ 53,000 in the Fabricating Department and $ 43,000 in the Assembling Department.
2. At normal capacity of 46,100 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $ 131,370 in the Fabricating Department, and $ 93,710 in the Assembling Department.
State the total budgeted cost formula for each department, round to 2 decimal place.
Fabricating Department =$+totalof$per direct labor hours
Assembling Department =$+totalof$per direct labor hours
Compute the total budgeted cost for each department, assuming actual direct labor hours worked were 49,100 and 43,100, in the Fabricating and Assembling Departments, respectively.
Fabricating DepartmentAssembling Department
The total budgeted cost$$

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Venetian Company has two production departments, Fabricating and Assembling. At a department manager...

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