Question: Using the flexible budget created in PE 18-47 and the following actual data, prepare a flexible budget performance report. Actual number of units produced .

Using the flexible budget created in PE 18-47 and the following actual data, prepare a flexible budget performance report.
Actual number of units produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 700
Actual direct materials costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$4,000
Actual direct labor costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$6,750
Actual manufacturing overhead costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,500

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