Nashler Company has the following budgeted variable costs per unit produced:
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Direct Materials
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$7.20
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Direct Labor
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1.54
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Variable overhead:
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Suplies
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0.23
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Maintenance
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0.19
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Power
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0.18
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Budgeted fixed overhead costs per month include supervision of $98,000, depreciation of $76,000, and other overhead of $245,000.
In March, Nashler Company produced 163,200 units and had the following actual costs:
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Direct Materials
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$1,170,000
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Direct Labor
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258,000
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Suplies
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38,100
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Maintenance
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30,960
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Power
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29,300
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Supervision
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99,450
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Depervision
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76,000
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Other overhead
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244,300
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1. Prepare a performance report for Nashler Company comparing actual costs with the flexible budget for actual units produced. Type the letter "F" in the last column of the table to indicate a favorable variance. Type the letter "U" to indicate an unfavorable variance. If there is no variance, enter "0" for the amount and leave the last column blank.
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Nashler Company Performance Report
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Actual Cost
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Flexible Budget Cost
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Variance and Type ("F" or "U")
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Direct materials
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$
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$
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$
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Direct labor
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Supplies
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Maintenance
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Power
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Supervision
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Depreciation
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Other overhead
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