Assume Piedmont Computer Company has created a standard cost card for the PCC model tablet computer, with overhead allocated based on direct labor hours: EE(Click the icon to view the standard costs.) During the month of September, Piedmont Computer Company incurred the following costs while manufacturing 1,100 PCC model tablets: E(Click the icon to view the actual costs.) Read the requirements Flexible Budget Performance Report X Standard Costs For the Month Ended September 30 1 2 3 4 5 (1) (3) (3)- (5) Direct materials $300 per tablet Budget Flexible Sales Direct labor 3 hours per tablet at $26 per hour Amounts Actual Budget Flexible Volume Static Variable overhead 3 hours per tablet at $5 per hour Budget Per Unit Results Variance Variance Budget Fixed overhead $54,000 per month Units Sales Revenue Print Done Variable Costs: Direct Materials Choose from any list or enter any number in the input fields and then click Check Answer ? parts i Requirements Actual Costs 1. Prepare a flexible budget for September for 900, 1,000, and 1,100 PCC model tablets. The tablet has a standard sales price of $675. List variable costs separately S 341,000 Direct materials 88,000 Direct labor 2. Using 1,000 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $767,800. The company sold 1,100 tablets 17,600 Variable overhead Fixed overhead 56,320 3. What insights can the management of Piedmont Computer Company draw from the performance report? Print Done Print Done X