Direct labor time Factory overhead controllable Factory overhead volume Net variance from standard cost-unfavorable Gross profit

prepare an statement for the year December 31 the gross pr.fit for Baxter Company using the following information. Baxter Comoany Sed 9,200 units 5125 per unit. Normal production iS 9.600 (Do not round the fixed overhead rate computation When determining the fixed overhead volume variance. Enter favorable variances as negative numbs.) Standard: 5 yards per unit at $6.30 per yard Standard: 2.75 unit at 516.00 Standard: Overhead $1.05 per unit Standard: fixed overhead $211.200 (budgeted actual amount) Baxter Company Statement Through Gross profit For the Year Ended December 31 Cut Of goods Standard Gross Standard Less variance d'ustments to gross promat standard: Direct materials price Direct materials quantity Direct labot rate Actual yards used: 47,020 yards at $6.25 per yard Actual hours worked: 2S.OSO at $15.90 per Actual total factory Overhead : $238,000