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Business, 04.12.2019 05:31 ninaaforever

Performance report based on budgeted and actual levels of production bowling company budgeted the following amounts: variable costs of production: direct materials 3 pounds @ $0.60 per pound direct labor 0.5 hr. @ $16.00 per hour voh 0.5 hr. @ $2.20 foh: materials handling $6,200 depreciation $2,600 at the end of the year, bowling had the following actual costs for production of 3,800 units: direct materials $6,800 direct labor 30,500 voh 4,200 foh: materials handling 6,300 depreciation $2,600 required: 1. calculate the budgeted amounts for each cost category listed above for the 4,000 budgeted units. $ 2. prepare a performance report using a budget based on expected production of 4,000 units. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number and if there is no entries enter "0" then select for "not applicable".

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