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Acme Company s production budget for August is 1 8 , 9 0 0 units and includes the following component unit costs: direct materials, $

Acme Companys production budget for August is 18,900 units and includes the following component unit costs: direct materials, $7.20; direct labor, $11.40; variable overhead, $5.40. Budgeted fixed overhead is $46,000. Actual production in August was 21,840 units. Actual unit component costs incurred during August include direct materials, $9.60; direct labor, $10.80; variable overhead, $6.20. Actual fixed overhead was $48,900.

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Prepare a performance report, including each cost component.

  

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Budgeted Costs Calculation Budgeted Production 18900 units Budgeted Unit Costs Direct materials 720 per unit Direct labor 1140 per unit Variable overh... blur-text-image

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