Crane Company expects to produce 6,900 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $8, direct labour $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8,300 for depreciation and $4,500 for supervision. In the current month, Crane produced 7,400 units and incurred the following costs: direct materials $55,476, direct labour $77,100, variable overhead $137,241, depreciation $8,300, and supervision $4,743.

Crane Company expects to produce 6,900 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $8, direct labour $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8,300 for depreciation and $4,500 for supervision. In the current month, Crane produced 7,400 units and incurred the following costs: direct materials $55,476, direct labour $77,100, variable overhead $137,241, depreciation $8,300, and supervision $4,743. Prepare a static budget report. (List variable costs before fixed costs.) Crane Company Static Budget Report Budget Actual Neither Activity Level: Units 6900 7400 Variable Costs Direct Materials $ 55200 $ 59200 $ 40 Direct Labour 75900 81400 5! Overhead 117300 125800 8! Total Variable Costs 248400 266400 186 Fixed Costs Depreciation 8300 8300 Supervision 4500 4743 243 Total Fixed Costs 12800 13043 243 Total Costs $ 261200 279443 182 Crane Company Static Budget Report Difference Favourable Unfavourable Neither Favourable nor Unfavourable Actual 6900 7400 55200 ta 59200 ta 4000 Unfavourable 75900 81400 5500 Unfavourable 117300 125800 8500 Unfavourable 248400 266400 18000 Unfavourable 8300 8300 4500 4743 243 i Unfavourable 12800 13043 243 Unfavourable