Colorado Springs Manufacturing Facility Overhead Performance Report December 21 Preliminary Draft Budgeted machine-hours ..... 100,000 Actual machine-hours 90,000 Flexible Cost Actual Budget Formula Costs for Based on Spending (per machine- Machine- 90,000 90,000 or Machine- Budget Overhead Costs hour) Hours Hours Variance Variable overhead costs: Power..... $0.03 $ 2,840 $ 2,700 $ 140 U Supplies 0.86 79,060 77,400 1,660 U Abrasives... 0.34 32,580 30,600 1,980 U Total variable overhead cost $1.23 114,480 110,700 3,780 U Fixed overhead costs: Depreciation.... Supervisory salaries. Insurance .... Industrial engineering. Factory building lease Total fixed overhead cost Total overhead cost.... 228,300 226,500 1,800 U 187,300 189,000 1,700 F 23,000 23,000 0 154,000 160,000 6,000 F 46,000 46,000 0 638,600 644,500 5,900 F $753,080 $755,200 $2,120 F