Activity-Based Performance Report

Jarend Company produced 40,000 units last year. The information on the actual costs and budgeted costs at actual production of four activities is provided below.

Activity

Actual Cost

Budgeted Cost for Actual Production

Maintenance

$159,300

$159,000

Machining

205,200

204,800

Setting up

106,500

104,800

Purchasing

159,400

159,600

Prepare an activity-based performance report for the four activities for the past year. In the variance type column, select "F" for favorable and "U" for unfavorable. If the variance is zero, enter ("0") in the variance amount column and "N" for neither in the variance type column.

Jarend Company
Performance Report
	Actual	Budgeted	Variance	Variance Type (F or U or N)
Units produced
Maintenance	$	$	$
Machining
Setting up
Purchasing
Total	$	$	$