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Question 1 of 5 View Policies > - / 1 Current Attempt in Progress Sheridan Company expects to produce 6,900 units of product IOA during
Question 1 of 5 View Policies > - / 1 Current Attempt in Progress Sheridan Company expects to produce 6,900 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $7, direct labour $13, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,600 for depreciation and $3,500 for supervision. In the current month, Sheridan produced 7,400 units and incurred the following costs: direct materials $48,783, direct labour $90,800, variable overhead $137,241, depreciation $7,600, and supervision $3,787. Prepare a static budget report. (List variable costs before fixed costs.)
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