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Budget Performance Report Genie in a Bottle Company (GBC) manufactures plastic two-liter bottles for the beverage Industry. The cost standards per 100 two-liter bottles are

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Budget Performance Report Genie in a Bottle Company (GBC) manufactures plastic two-liter bottles for the beverage Industry. The cost standards per 100 two-liter bottles are as follows: Cost Category Standard Cost per 100 Two-Liter Bottles $2.00 9.10 Direct labor Direct materials Factory overhead 055 Total $11.65 At the beginning of July, GBC management planned to produce 400,000 bottles. The actual number of bottles produced for July was 406,000 bottles. The actual costs for July of the current year were as follows: Actual Cost for the Cost Category Month Ended July 31 Direct labor $7,540 Direct materials 35,750 2.680 Factory overhead Total $45,970 Enter all amounts as positive numbers a. Prepare the July manufacturing standard cost budget direct labor, direct materials, and factory overhead) for GBC, assuming planned production Genie In A Bottle Company Manufacturing Cost Budget For the Month Ended 31 Oh My Work

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