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Current Attempt in Progress Blossom Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing costs per
Current Attempt in Progress Blossom Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $7,900 for depreciation and $3,800 for supervision. In the current month, Blossom actually produced 6,500 units and incurred the following costs: direct materials $27,300, direct labor $76,700, variable overhead $116,856, depreciation $7,900, and supervision $4,028. 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.) Blossom Company Static Budget Report Differei Favoral Unfavor Neither Fai nor Unfavi Budget Actual Differei Favoral Unfavori Neither Fay nor Unfavi Budget Actual > ^ -6C Mostly cloudy
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