Question
What is the name of the report that looks like this? Manufacturing Costs Actual Costs Standard Costs at Actual Volume Cost Variance (Favorable) Unfavorable Direct
What is the name of the report that looks like this?
| Manufacturing Costs | Actual Costs | Standard Costs at Actual Volume | Cost Variance (Favorable) Unfavorable |
| Direct Materials | $40,000 | $38,000 | $2,000 |
| Direct Labor | $36,000 | $40,000 | ($4,000) |
| Factory Overhead | $22,000 | $26,000 | ($4,000) |
| Total manufacturing costs | $98,000 | $104,000 | ($6,000 |
Group of answer choices
total manufacturing costs report
budget report
variance report
cost variance report
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
