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Performance Report Thorndark, Inc., produces sandals. Data for the second quarter are as follows: Master Budget Actual Data Budgeted production: 4,500 Actual production: 4,630 units
Performance Report
Thorndark, Inc., produces sandals. Data for the second quarter are as follows:
| Master Budget | Actual Data | |||
| Budgeted production: | 4,500 | Actual production: | 4,630 units | |
| Materials: | 2 leather strips @ $3.00 | Materials cost: | $28,350 | |
| Labour: | 0.5 hr. @ $21.00 | Labour cost: | $46,780 | |
Required:
Calculate the flexible budget cost of materials.
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Surviving An IRS Tax Audit
Authors: Frederick W. Daily
3rd Edition
1413318649, 978-1413318647
