Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 4 of 4 < -/16 Blossom Company uses budgets in controlling costs. The August 2022 budget report for the company's Assembling Department is
Question 4 of 4 < -/16 Blossom Company uses budgets in controlling costs. The August 2022 budget report for the company's Assembling Department is as follows. Blossom Company Budget Report Assembling Department For the Month Ended August 31, 2022 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Manufacturing Costs Budget Actual Variable costs Direct materials $51,200 $50,200 $1,000 Favorable Direct labor 57.600 54,200 3,400 Favorable Indirect materials 26,880 26.980 100 Unfavorable Indirect labor 19.200 18,740 460 Favorable Utilities 16,000 15,830 170 Favorable Maintenance 11.520 11.780- 260 Unfavorable Total variable 182.400 177,730 4670 Favorable Fleed costs Rent 11,200 11.200 Supervision 18.300 18.300 Depreciation 2400 7,400 Total fixed 36.900 36.900 -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -Neither Favorable nor Unfavorable $219.300 $21463054670 vorba
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started