Question: Expected manufacturing costs for Imperial Data Devices are as follows:
| Variable Costs |
|
Fixed Costs per Month |
| Direct material |
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$8.00/unit |
|
Supervisory salaries |
|
$17,000 |
| Direct labor |
|
3.20/unit |
|
Factory depreciation |
|
10,500 |
| Variable overhead |
|
2.70/unit |
|
Other factory costs |
|
3,800 |
During the period, Imperial produced 12,960 units and incurred the following costs:
| Variable Costs |
|
Fixed Costs per Month |
| Direct material |
|
$100,100 |
|
Supervisory salaries |
|
$16,690 |
| Direct labor |
|
46,272 |
|
Factory depreciation |
|
9,060 |
| Variable overhead |
|
34,692 |
|
Other factory costs |
|
4,140 |
Prepare a performance report for Imperial Data Devices. (List variable costs before fixed costs. Enter unfavorable variances using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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Flexible Budget
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Actual
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Difference
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(Variable costs/Fixed costs/Total variable costs/Total fixed costs/Supervisory salaries/Total overhead/Number of units/Direct material/Direct labor/Variable overhead/Depreciation/Other fixed costs)
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(Variable costs/Supervisory salaries/Total overhead/Total variable costs/Number of units/Direct material/Total fixed costs/Direct labor/Variable overhead/Fixed costs/Depreciation/Other fixed costs)
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(Total overhead/Variable overhead/Total fixed costs/Variable costs/Depreciation/Other fixed costs/Number of units/Total variable costs/Direct material/Direct labor/Fixed costs/Supervisory salaries)
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$
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$
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$
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(Total fixed costs/Total variable costs/Total overhead/Depreciation/Variable costs/Other fixed costs/Fixed costs/Number of units/Supervisory salaries/Direct material/Variable overhead/Direct labor)
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(Direct labor/Other fixed costs/Direct material/Variable overhead/Total fixed costs/Total overhead/Total variable costs/Depreciation/Number of units/Fixed costs/Variable costs/Supervisory salaries)
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(Direct labor/Variable overhead/Total variable costs/Number of units/Direct material/Fixed costs/Supervisory salaries/Depreciation/Other fixed costs/Total fixed costs/Variable costs/Total overhead)
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(Depreciation/Supervisory salaries/Other fixed costs/Total fixed costs/Variable overhead/Direct labor/Number of units/Total overhead/Total variable costs/Variable costs/Direct material/Fixed costs)
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(Total fixed costs/Variable costs/Variable overhead/Other fixed costs/Direct material/Total overhead/Direct labor/Number of units/Total variable costs/Fixed costs/Supervisory salaries/Depreciation)
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(Total overhead/Variable overhead/Total fixed costs/Direct material/Supervisory salaries/Fixed costs/Depreciation/Direct labor/Other fixed costs/Total variable costs/Number of units/Variable costs)
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(Variable overhead/Total variable costs/Total fixed costs/Direct labor/Other fixed costs/Supervisory salaries/Total overhead/Variable costs/Direct material/Number of units/Fixed costs/Depreciation)
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(Fixed costs/Other fixed costs/Depreciation/Total overhead/Number of unitsT/otal variable costs/Variable costs/Supervisory salaries/Direct laborT/otal fixed costs/Direct material/Variable overhead)
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(Variable overhead/Variable costs/Total variable costs/Supervisory salaries/Fixed costs/Total overhead/Depreciation/Total fixed costs/Other fixed costs/Number of units/Direct material/Direct labor)
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$ |
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$ |
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$ |