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Robert Company has two production departments called Assembly and Finishing.The maintenance department serves both production departments.Maintenance costs are allocated based on labor hours.Budgeted fixed costs for the maintenance department are $30,000.Budgeted variable costs for the maintenance department are $5.00 per labor hour.Actual maintenance department costs are $36,000 fixed and $100,000 variable.Other relevant data follow:
The amount of variable maintenance department costs allocated to the Assembly Department should be ________.
Consulting Revenues
Income earned by a company for providing professional advice or services to other organizations or individuals.
Expenses
The economic costs that a business incurs through its operations to earn revenue.
Accounting Process
The series of steps taken in recording, classifying, and summarizing financial transactions to prepare financial statements.
Financial Decision Making
The process of making choices related to finance, such as investments, budgeting, and funding, based on analyses and strategies.
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