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30 of 50 < > In the current month, Culver actually produced 7,460 units and incurred the following costs: direct materials $45,066, direct labor $88,656,

30 of 50 < > In the current month, Culver actually produced 7,460 units and incurred the following costs: direct materials $45,066, direct labor $88,656, variable overhead $135,288, depreciation $9,280, and supervision $4,640. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Were costs controlled? Culver Company Static Budget Report Budget Actual $ $ $ Difference Favorable Unfavorable Neither Favorable nor Unfavorable

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