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Problem 9 Jerm 7 Corporation is preparing a flexible budget and desires to....

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Accounting

Problem 9
Jerm 7 Corporation is preparing a flexible budget and desires to. separate its
electricity expense, which is semi-variable and fluctuates with total machine hours,
into its fixed and variable components. Information for the first three months of
2022 is as follows:
Requirements:
Compute the variable rate per machine hour.
Compute the fixed portion of Jem 7's electricity expense.
Compute the total manufacturing costs if Jem 7's actual machine
hours used is 4,500.
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