Scafidi Company budgeted the following amounts:

At the end of the year, Scafidi had the following actual costs for production of 3,800 units:
Direct materials ............................... $ 6,800
Direct labour ................................. 30,500
Variable overhead .......................... 4,200
Fixed overhead:
Materials handling........................ 6,300
Depreciation ................................. 2,600
Required:
Prepare a performance report using a budget based on the actual level of production.

Transcribed Image Text:

Variable costs of production: 3 kilograms @ 0.60 per kilogram 0.5 hr. @ S16.00 per hour 0.5 hr. @ $2.20 Direct materials Direct labour Variable overhead Fixed overhead: Materials handling $6,200 $2,600 Depreciation