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Performance Report Based on Budgeted and Actual Levels of Production Bowling Company budgeted the following amounts: Variable costs of production: Direct materials Direct labor
Performance Report Based on Budgeted and Actual Levels of Production Bowling Company budgeted the following amounts: Variable costs of production: Direct materials Direct labor 3 pounds @ $0.60 per pound 0.5 hr. @$16.00 per hour VOH FOH: 0.5 hr. @ $2.20 Materials handling Depreciation $6,200 $2,600 At the end of the year, Bowling had the following actual costs for production of 3,800 units: Direct materials Direct labor VOH $6,800 30,500 4,200 FOH: Materials handling 6,300 Depreciation $2,600
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