1. Flexible Budget for Varying Levels of Activity

   Nashler Company has the following budgeted variable costs per unit produced:

   Direct materials	$7.20
   Direct labor	1.54
   Variable overhead:
   Supplies	0.23
   Maintenance	0.19
   Power	0.18

   Budgeted fixed overhead costs per month include supervision of $98,000, depreciation of $76,000, and other overhead of $245,000.

   In March, Nashler Company produced 160,000 units and had the following actual costs:

   Direct materials	$1,147,000
   Direct labor	252,900
   Supplies	37,300
   Maintenance	30,340
   Power	28,720
   Supervision	99,500
   Depreciation	76,000
   Other overhead	244,300

   Required:

   1. Prepare a performance report for Nashler Company comparing actual costs with the flexible budget for actual units produced. If there is no variance, enter "0" for the amount and select "NA" in the last column.

   Nashler Company Performance Report
   	Actual Cost	Flexible Budget Cost	Variance
   Direct materials	$fill in the blank 360604097013fc0_1	$fill in the blank 360604097013fc0_2	$fill in the blank 360604097013fc0_3
   Direct labor	fill in the blank 360604097013fc0_5	fill in the blank 360604097013fc0_6	fill in the blank 360604097013fc0_7
   Supplies	fill in the blank 360604097013fc0_9	fill in the blank 360604097013fc0_10	fill in the blank 360604097013fc0_11
   Maintenance	fill in the blank 360604097013fc0_13	fill in the blank 360604097013fc0_14	fill in the blank 360604097013fc0_15
   Power	fill in the blank 360604097013fc0_17	fill in the blank 360604097013fc0_18	fill in the blank 360604097013fc0_19
   Supervision	fill in the blank 360604097013fc0_21	fill in the blank 360604097013fc0_22	fill in the blank 360604097013fc0_23
   Depreciation	fill in the blank 360604097013fc0_25	fill in the blank 360604097013fc0_26	fill in the blank 360604097013fc0_27
   Other overhead	fill in the blank 360604097013fc0_29	fill in the blank 360604097013fc0_30	fill in the blank 360604097013fc0_31
   Total cost	$fill in the blank 360604097013fc0_33	$fill in the blank 360604097013fc0_34	$fill in the blank 360604097013fc0_35

   2. What if Nashler Companys actual direct materials cost were $1,152,000? How would that affect the variance for direct materials? If an amount is zero, enter "0". The materials variance would be $fill in the blank ffc37ff5dff4022_1.

   The total cost variance would by $fill in the blank ffc37ff5dff4022_3.