Question: Current Attempt in Progress Bramble Company estimates that it will produce 7,680 units of product OA during the current month. Budgeted variable manufacturing costs per
Current Attempt in Progress Bramble Company estimates that it will produce 7,680 units of product OA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7. direct labor $13. and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $10,240 for depreciation and $4,864 for supervision. In the current month, Bramble actually produced 8,180 units and incurred the following costs: direct materials $49,728, direct labor $97,824, variable overhead $149,280, depreciation $10,240, and supervision $5,120. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.)
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