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Bramble Company estimates that it will produce 5,040 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials
Bramble Company estimates that it will produce 5,040 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $6,720 for depreciation and $3,192 for supervision. In the current month, Bramble actually produced 5,540 units and incurred the following costs: direct materials $32,634, direct labor $64,208, variable overhead $97,976, depreciation $6,720, and supervision $3,360. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Bramble Company Static Budget Report Differen Favorat Unfavora Neither Fav nor Unfavo Budget Actual $ $ Bramble Company estimates that it will produce 5,040 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $6,720 for depreciation and $3,192 for supervision. In the current month, Bramble actually produced 5,540 units and incurred the following costs: direct materials $32,634, direct labor $64,208, variable overhead $97,976, depreciation $6,720, and supervision $3,360. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Bramble Company Static Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $ $
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