Please Help Me

E%0.9 (LO 1, 2), E As sales manager, Enzo Colombo was given the following static budget report for yelling expenses in the Clothing Department of Lugano Textiles for the month of October Prepare flexible budget report, and answer question Lugano Textiles Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable F Unfavorable U 2.000 F Actual Budget 8,000 10,000 CHF 2,400 720 3,600 1,600 8,320 CHF 2.600 850 4,100 1,400 8.950 C HF200 U 130 U 500 U 200 F 630 U Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries Depreciation-autos (sales staff) Total fixed Total expenses -0 1,500 1,200 800 500 4,000 CHF12,320 1,500 1,200 800 500 4.000 CHF12,950 CHF630 U 10-40 CHAPTER 10 Budgetary Control and Responsibility Accounting ongratulated on ut of cont. Es However, he was the As a result of this budget report. Enzo was called into the president's office and congr nne sales performance. He was reprimanded, however, for allowing his costs to get out of knew something was wrong with the performance report that he had been given. Howe sure what to do, and comes to you for advice. first quarter of 30 Prepare flexible budget and responsibility report for manufacturing overhead Instructions a. Prepare a budget report based on flexible budget data to help Enzo. b. Should Enzo have been reprimanded? Explain. O(LO 2, 3), AP Yosu Enterprises manufacturing overhead budget for the first qu contained the following data. Fixed Costs Variable Costs Indirect materials w12,000,000 Supervisory salaries Indirect labor 10,000,000 Depreciation Utilities 8,000,000 Property taxes and insurance 8.000 Maintenance 6,000,000 Maintenance Actual variable costs were indirect materials W13,500,000 indirect labor W9,500,000 W8,700,000, and maintenance w5,000,000. Actual fixed costs equaled budgeted costs except erty taxes and insurance, which were W8,300,000. The actual activity level equaled the budgeted All costs are considered controllable by the production department manager except for der tion, and property taxes and insurance. W36,000,000 7,000,000 8,000,000 5,000,000 w 9 ,500,000, utilities is except for prop the budgeted level Instructions a. Prepare a manufacturing overhead flexible budget report for the first quarter. b. Prepare a responsibility report for the first quarter