Question: Current Attempt in Progress Sunland Company estimates that it will produce 7,000 units of product IOA during the current month. Budgeted variable manufacturing costs per

 Current Attempt in Progress Sunland Company estimates that it will produce

Current Attempt in Progress Sunland Company estimates that it will produce 7,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $6, direct labor $13, and overhead $19. Monthly budgeted fixed manufacturing overhead costs are $8,500 for depreciation and $3,700 for supervision. In the current month, Sunland actually produced 7,500 units and incurred the following costs: direct materials $39,186, direct labor $89,700, variable overhead $140,900, depreciation $8,500, and supervision $3,996. Prepare a static budget report. Hint: The Budget column is based on estimated praduction while the Actual column is the actual cost incurred during the periad. (List variable costs before fured costs)

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