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Blossom Company expects to produce 6,000 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $5, direct
Blossom Company expects to produce 6,000 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $5, direct labour $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,500 for depreciation and $3,500 for supervision. In the current month, Blossom produced 6,500 units and incurred the following costs: direct materials $30,240, direct labour $67,000, variable overhead $120,156, depreciation $7,500, and supervision $3,703
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