1. Performance Report

   Scafidi Company provided the following information for last year.

   Master Budget		Actual Data
   Budgeted production 4,400		4,200	units
   Direct materials:
   	8 kilograms @ 0.6 per kilogram	$6,800
   Direct labour:
   	0.4 hr. @ $15.50 per hour	30,500
   VOH:
   	0.4 hr. @ $2.70	4,200
   FOH:
   	Materials handling, $6,600	6,300
   	Depreciation, $2,700	2,700

   Required:

   1. Calculate the budgeted amounts for each cost category listed above for the 4,400 budgeted units, then give the total below.

   Direct materials	$
   Direct labour	$
   Variable overhead	$
   Fixed overhead:
   Materials handling	$
   Depreciation	$
   Total	$

   2. Prepare a performance report using a budget based on expected production. In the variance type column, type "F" for favourable and "U" for unfavourable. If the variance is zero, enter ("0") in the variance amount column and "N" for neither in the variance type column. (Note: Be sure to use capital letters.)

   Scafidi Company
   Performance Report
   	Actual	Budgeted	Variance	Variance Type (F, U, N)
   Units produced
   Direct materials	$	$	$
   Direct labour
   Variable overhead
   Fixed overhead:
   Materials handling
   Depreciation
   Total	$	$	$