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Helena Company reports the following total costs at two levels of production.
10,000 Units
20,000 Units
Direct materials
$20,000
$40,000
Maintenance
8,000
10,000
Direct labor
17,000
34,000
Indirect materials
1,000
2,000
Depreciation
4,000
Utilities
3,000
5,000
Rent
6,000
Classify each cost as variable, fixed, or mixed.
Prepare the 2009 journal entries for all of the following transactions and adjustments. Show full computations. You can ignore dates if not given. Round all amounts to nearest dollar.
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a retail department store used the following cost-volume relationship were used in developing a flexible budget for the
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