The Sparkly Corporation has the following budget and actual results
rubyCpaMba (Not rated)
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The Sparkly Corporation has the following budget and actual result
Budgeted data | |
Unit sales | 30,000 |
Unit production | 30,000 |
Fixed overhead | |
Supervision | $54,000 |
Depreciation | $60,000 |
Rent | $30,000 |
Variable costs per unit | |
Direct materials | $18.00 |
Direct labor | $25.00 |
Supplies | $0.25 |
Indirect labor | $1.20 |
Electricity | $0.15 |
Actual results | |
Unit sales | 33,000 |
Unit production | 36,000 |
Fixed overhead | |
Supervision | $53,550 |
Depreciation | $60,000 |
Rent | $30,000 |
Variable costs | |
Direct materials | $642,000 |
Direct labor | $960,000 |
Supplies | $7,500 |
Indirect labor | $30,000 |
Electricity | $4,500 |
Required:
- Prepare a performance report for all costs, showing static budget variances (indicate F or U).
- Prepare a performance report for all costs, showing flexible budget variances (indicate F or U).
13 years ago
The Sparkly Corporation __ Correct w/ Solutions !
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the_sparkly_corp__budgets.xlsx
