Data for Myles Company are given in BE24-4. In March 2012, the company incurs the following costs

Question:

Data for Myles Company are given in BE24-4. In March 2012, the company incurs the following costs in producing 100,000 units: direct materials $425,000, direct labor $590,000, and variable overhead $805,000. Prepare a flexible budget report for March. Were costs controlled?