Bowling Company budgeted the following amounts:

At the end of the year, Bowling had the following actual costs for production of 3,800 units:
Direct materials .......... $ 6,800
Direct labor ........... 30,500
VOH .............. 4,200
FOH:
Materials handling ........ 6,300
Depreciation ............ 2,600
Required:
Prepare a performance report using a budget based on the actual level of production.

Transcribed Image Text:

Variable costs of production: Direct materials Direct labor VOH 3 pounds e $0.60 per pound 0.5 hr.@ $16.00 per hour 0.5 hr. $2.20 FOH: Materials handling Depreciation $6,200 $2,600