The following BUDGETING DATA is available for a department in a large company.

	Actual Costs Incurred	Static Budget
Activity level (in units)	250	220
Variable costs:
Indirect materials	$8,745	$7,634
Power	$2,065	$1,738
Fixed costs:
Supervision	$1,650	$1,600
Rent	$7,300	$7,300

Required:

You have been called in by your Director to be accountable for the above budget. She is evaluating your performance and has indicated that you will not be getting your bonus because your variances were mostly UNFAVOURABLE.

Prepare a FLEXIBLE budget that would be useful in explaining your performance. You may choose to use the template guide provided OR create your own in the space below or in another program and copy it into the space below

subject: Accounting