Expected manufacturing costs for Imperial Data Devices are as follows: Variable Costs Fixed Costs per Month Direct
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Question:
Expected manufacturing costs for Imperial Data Devices are as follows:
Variable Costs | Fixed Costs per Month |
---|---|
Direct material $8.00/unit | Supervisory salaries $17,000 |
Direct labor 3.50/unit | Factory depreciation 10,500 |
Variable overhead 1.80/unit | Other factory costs 3,100 |
During the period, Imperial produced 13,000 units and incurred the following costs:
Variable Costs | Fixed Costs per Month |
---|---|
Direct material $102,500 | Supervisory salaries $17,750 |
Direct labor 50,000 | Factory depreciation 2,30 |
Variable overhead 19,040 | Other factory costs 5,220 |
Prepare a performance report for Imperial Data Devices:
Flexible Budget | Actual Budget | Difference | |
---|---|---|---|
Number of units | |||
Variable costs | |||
Direct labor | |||
Direct material | |||
Variable overhead | |||
Total variable costs | |||
Fixed costs | |||
Supervisory salaries | |||
Depreciation | |||
Other fixed costs | |||
Total fixed costs | |||
Total overhead |
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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