TCO F) Bella Lugosi Holdings, Inc. (BLH), has collected the following operating information for its current month's activity. Using this information, prepare a flexible budget analysis to determine how well BLH performed in terms of cost control.

Actual Costs Incurred

Static Budget

Activity level (in units)

5,250

5,178

Variable costs:

Indirect materials

$24,182

$23,476

Utilities

$22,356

$22,674

Fixed costs:

Administration

$63,450

$65,500

Rent

$65,317

$63,904

(Points : 25)