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Harrison, Inc. produces packaged peanut butter cracker snacks that are sold in vending machines and had the following data available: Sales Less operating costs

Harrison, Inc. produces packaged peanut butter cracker snacks that are sold in vending machines and had the

Harrison, Inc. produces packaged peanut butter cracker snacks that are sold in vending machines and had the following data available: Sales Less operating costs Sales salaries Advertising Less production expenses Direct materials Direct labor Variable overhead Rent on equipment Budget $ 63,500 $ 4,800 9,700 4,160 8,960 13,900 5,300 Actual 66,200 5,200 8,900 4,925 9,375 12,400 4,900 Income from operations $ 16,680 $ 20,500 Required: A. Complete the performance report; speculate on a possible cause for each variance (except for direct materials and direct labor) and then suggest a follow-up action for those variances.

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