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Use the following information to answer the following Questions
Seven Falls Cuisines has the following flexible-budget formula:
Y = $13PH + $450,000 where PH is defined as process hours.
-Dealer Enterprises (DE) anticipated that 84,000 process hours would be worked during an upcoming accounting period when, in fact, 92,000 hours were actually worked. One of the company's cost functions is expressed as follows:
Y = $16PH + $640,000 where PH is defined as process hours
What budgeted dollar amount would appear in DE's static budget and flexible budget for the preceding cost function?
Hourly Rate
The amount of money paid for each hour of work.
Raise
Typically refers to an increase in salary or wages, but can also pertain to raising capital or funding for business or investment purposes.
Unit Price
The price of a single unit of measure of a product or service.
Tissues Per Box
The count of individual tissue pieces contained within a single box packaging.
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