budget performance report genie

false Show Me How Budget Report Genle in a Bottle Company (GBC) manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter botls are as follows: Standard Cost per 100 Two-Liter Bottles $1.3 5.72 Cost Category Direct labor Factory overhead 0.4 Total $7.42 At the beginning of July, GBC management planned to produce 580,000 bottles. The actual number of bottles produced for July was 626,400 bottles. The actual co of the current year were as follows: Actual Cost for the Month Ended July 31 Cost Category Direct labor Direct materials Factory overhead $7,980 34,970 $45,481 Total