Refer to Cornerstone Exercise 8-13. In March, Melton Company produced 216,500 units and had the following actual costs:

Required:
1. Prepare a performance report for Melton Company comparing actual costs with the flexible budget for actual units produced.
2. What ifMelton Company’s actual direct materials cost were $736,100? How would that affect the variance for direct materials? The total cost variance?LO1

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Direct materials Direct labor Supplies Maintenance Power $741,250 282,500 50,050 41,420 37,000 Supervision 110,250 Depreciation 135,000 Other overhead 245,250