Data for Gundy Company are given inBE21-4 . In March 2012, the company incurs the following costs

Question:

Data for Gundy Company are given inBE21-4

. In March 2012, the company incurs the following costs in producing 100,000 units: direct materials $425,000, direct labor $590,000, and variable overhead $805,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. Were costs controlled?

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