1.) Prepare a static budget report. (List variable costs before fixed costs.)

2.) Were costs controlled? Yes/No

The options for the dropdown menu are as follows:

Depreciation

Direct Labour

Direct Materials

Fixed Costs

Overhead

Supervision

Total costs

Total fixed costs

Total variable costs

Activity level: units

Variable costs

The dropdown menu on the right is favorable, unfavorable, or neither favorable nor unfavorable

Question 32 Wade Company expects to produce 6,900 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $8, direct labour $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8,300 for depreciation and $4,500 for supervision. In the current month, Wade produced 7,400 units and incurred the following costs: direct materials $55,476, direct labour $77,100, variable overhead $137,241, depreciation $8,300, and supervision $4,743 Prepare a static budget report. (List variable costs before fixed costs.) Wade Company Static Budget Report Difference Favourable Unfavourable Neither Favourable nor Unfavourable Budget Actual Favourable Unfavourable Neither Favourable nor Unfavourable Budget Actual Were costs controlled