nCulverCompany, direct labor is $20per hour. The company expects to operate at11,600direct labor hours each month. In January 2022, direct labor totaling $238,960is incurred in working12,064hours.

(a)

Prepare a static budget report.

CULVERCOMPANY

Static Direct Labor Budget Report

choose the accounting period

For the Month Ended January 31, 2022

For the Year Ended January 31, 2022

January 31, 2022

Product LineBudget

Actual

Difference

Direct Labor

$

enter a dollar amount

$

enter a dollar amount

$

enter the difference

select an option

Favorable

Neither Favorable nor Unfavorable

Unfavorable

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(b)

Prepare a flexible budget report.

CULVERCOMPANY

Flexible Direct Labor Budget Report

choose the accounting period

For the Month Ended January 31, 2022

For the Year Ended January 31, 2022

January 31, 2022

Product LineBudget

Actual

Difference

Direct Labor

$

enter a dollar amount

$

enter a dollar amount

$

enter the difference

select an option

Unfavorable

Neither Favorable nor Unfavorable

Favorable