Presented is the January performance report for the Production Department of Nowwhat Company. Presented is the January performance report for the Production Department of Nowwhat Company.

NOWWHAT COMPANY

Production Department Performance Report

For Month of January

Actual Static Budget

Prepare a flexible budget. Upload your answer. Can be written or in Excel.

NOWWHAT COMPANY

Production Department Performance Report

For Month of January

Actual Static Budget

Volume $50,00046,000$

Manufacturing costs:

Direct materials $$130,500$ $$124,200$

Direct labor $$118,000$ $$105,800$

Variable overhead $$72,000$ $$69,000$

Fixed overhead $$252,000$ $$250,000$

Total $$572,500$ $$549,000$

Prepare a flexible budget. Upload your answer. Can be written or in Excel.