Req 1:

Acme Companys production budget for August is 19,000 units and includes the following component unit costs: direct materials, $8.00; direct labor, $11.60; variable overhead, $5.60. Budgeted fixed overhead is $47,000. Actual production in August was 20,445 units. Actual unit component costs incurred during August include direct materials, $9.80; direct labor, $10.00; variable overhead, $6.40. Actual fixed overhead was $50,000. Required: Prepare a performance report, including each cost component.

Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).

Req 2:

Western Manufacturing produces a single product. The original budget for April was based on expected production of 12,000 units; actual production for April was 10,800 units. The original budget and actual costs incurred for the manufacturing department follow:

	Original Budget	Actual Costs
Direct materials	$ 182,400	$ 168,300
Direct labor	150,000	138,000
Variable overhead	75,600	72,300
Fixed overhead	69,500	72,000
Total	$ 477,500	$ 450,600

Required:

Prepare an appropriate performance report for the manufacturing department.

Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).

\begin{tabular}{|l|r|r|r|r|} \hline \multicolumn{1}{|c|}{ Item } & \multicolumn{1}{c|}{OriginalBudget(12,000units)} & FlexedBudget(10,800units) & Actual Cost & Variance \\ \hline Direct materials & $182,400 & & $168,300 & \\ \hline Direct labor & 150,000 & & 138,000 & \\ \hline Variable overhead & 75,600 & & 72,300 \\ \hline Fixed overhead & 69,500 & & 72,000 \\ \hline Total & $ & 477,500 & $ & $450,600 \\ \hline \end{tabular}