51.

Accounts: Depreciation DL, DM FC, Overhead, Supervison, Total cost, Total fc, total variable cost, unit produced, variable cost

Wade Company estimates that it will produce 6,900 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,500 for depreciation and $4,400 for supervision. In the current month, Wade actually produced 7,400 units and incurred the following costs: direct materials s45,300, direct labor $74,700, variable overhead $125,700, depreciation $7,500, and supervision $4,690. Prepare a static budget report. Hint: The Budget column ls based on estimated production while the Actual column is the actual cost incurred during the period (LIst varhable costs before fixed Wade Company Static Budget Report Difference Favorable Unfavorable Neither Favorable Actual Budget nor Unfavorable Were costs controlled