Question

Connor Company’s budgeted prices for direct materials, direct manufacturing labour, and direct marketing (distribution) labour per attaché case are $40, $8, and $12, respectively. The president is pleased with the following performance report:
Actual output was 8,800 attaché cases. Assume all three direct cost items above are variable costs.
REQUIRED
Is the president’s pleasure justified? Prepare a revised performance report that uses a flexible budget and a static budget.


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  • CreatedJuly 31, 2015
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