IVANHOE CORP.

Manufacturing Overhead Cost Responsibility Report

For the Quarter Ended March $31,2022$

Corp.'s manufacturing overhead budget for the first quarter Of 2022 contained the fol lowing data: Variable Costs Indirect materials I ndirect labor Utilities Maintenance Fixed Costs Supervisor s salary Depreciation P y taxes Actual variable COStS for the first quarter Were: Indirect materials I ndirect labor Utilities Maintenance 340.800 24,400 20,400 12,800 380.400 16.400 337.600 27,200 21.800 ll,coo Actual fixed COStS Were as expected except for property taxes Which Were $9 , 800 A1 COStS are considered control by the department manager except for the supervisor's Prepare a manufacturing Overhead responsibility report for the first quarter _ IVANHOE CORP Manufacturing Overhead Cost Responsibility Report For the Quarter Ended March 31,2022 Favorable (F) Unfavorable Not Applicable (N Controllable Costs Latnr utilities Total Budget 22400 12800 178coo 37603 272co 2 Isco 1 loco 178003