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 $51,000 in the Fabricating Department and $37,000 in the Assembling Department.
2 At normal capacity of 46,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $143,000 in the Fabricating Department, and $115,200 in the Assembling Department.
Please help me find the total budgeted cost formula for each department. (Round cost per direct labor hour to 2 decimal places, e.g. 1.25.)
Fabricating Department = Fixed Costs or Variable Costs + total Fixed Costs or Variable Costs of $___________ per direct labor hour
Assembling Department = $ Fixed Costs or Variable Costs + total Fixed Costs or Variable Costs of $_________ per direct labor hour
Link to Text Please help me find the total budgeted cost for each department, assuming actual direct labor hours worked were 49,000 and 43,000, in the Fabricating and Assembling Departments, respectively
Fabricating Dept Assembling Dept
Total budgeted cost ____________ ___________
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