Question: Data for Ortiz Company are given in BE10-4. In March 2011, the company incurs the following costs in producing 100,000 units: direct materials $425,000, direct

Data for Ortiz Company are given in BE10-4. In March 2011, the company incurs the following costs in producing 100,000 units: direct materials $425,000, direct labor $590,000, and variable overhead $805,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. Were costs controlled?

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