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Based on the budget report information for Tillman's Toys shown below, which of the following statements about costs is true? Budget Actual Variable costs Direct
Based on the budget report information for Tillman's Toys shown below, which of the following statements about costs is true? Budget Actual Variable costs Direct materials ($4) Direct labor ($13) Overhead ($21) Total variable costs Fixed costs Depreciation Supervision Total fixed costs Total costs $20,000 $70,000 $110,000 $200,000 $12,000 $7,000 $19,000 $219,000 $20,850 $68,660 $112,300 $201,810 $12,000 $7,000 $19,000 $220,810 Tillman's was successful at controlling both fixed costs and variable costs. O Tillman's was successful at controlling fixed costs but unsuccessful at controlling variable costs. O Tillman's was unsuccessful at controlling both fixed costs and variable costs. O Tillman's was unsuccessful at controlling fixed costs but successful at controlling variable costs.
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