takeAssignment/takeAssignment Main.do?invokertakeAssignmentSessionLocator=&inprogress=false eBook Show Me How Printer Budget Performance Report Salisbury Bottle Company manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter bottles are as follows: Standard Cost Cost Category per 100 Two-Liter Bottles Direct labor $1.20 Direct materials 6.50 Factory overhead 1.80 Total $9.50 At the beginning of March, Salisbury's management planned to produce 500,000 bottles. The actual number of bottles produced for March was 525,000 bottles. The actual costs for March of the current year were as follows: Cost Category Actual Cost for the Month Ended March 31 $6,550 Direct labor Direct materials Factory overhead 33,800 9,100 Total $49,450 a. Prepare the Marche manufacturing standard cost budget (direct labor, direct materials, and factory overhead) for salsbury, Assuming planned production Salisbury Bottle Company Manufacturing Cost Budget For the Month Ended March 31 Standard Cost at Planned Volume (500,000 Bottles) Manufacturing costs: Direct labor Direct materials Factory overhead Total b. Prepare a budget performance report for manufacturing costs, showing the total cost variances for direct materials, direct labor, and factory overhead for Match. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Salisbury Bottle Company Manufacturing Costs-Budget Perrmance Report For the Month Ended March 31 Actual Standard Cost Cost Variance- at Actual Volume (Favorable) Costs (525,000 Bottles) Unfavorable Manufacturing costs Direct labor Direct materials Factory overhead Total manufacturing cost c. The Company's actual costs were $425 small direct labor cost variance. than budgeted direct materials and factory overhead cost variances more than offset a