Question: Bansker Company had the data below for its most recent year, ended December 31: Required: Prepare a performance report that shows the variances on an
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Required:
Prepare a performance report that shows the variances on an item- by- item basis.
Actual costs: Variable overhead standards: Indirect labor Supplies Standard variable $30,100 $4,400 0.25 hr. $20.00 0.25 hr. $2.40 Indirect labor Supplies Actual hours worked Units produced Hours allowed for producton $22.40 per direct 1,530 hours 6,000 units 1,500 hours overhead rate labor hour
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