Performance ReportBowling Company budgeted the following amounts:Variable costs of production: Direct materials3 pounds @ $0.60 per pound Direct labor0.5 hr. @ $16.00 per hour VOH0.5 hr. @ $2.20FOH: Materials handling$6,200 Depreciation$2,600At the end of the year, Bowling had the following actual costs for production of 3,800 units:Direct materials$ 6,800Direct labor30,500VOH4,200FOH: Materials handling6,300 Depreciation2,600noneXPerformance ReportPrepare a performance report using a budget based on the actual level of production. In the variance type column, select “F” for favorable and “U” for unfavorable. If the variance is zero, enter (“0”) in the variance amount column and “N” for neither in the variance type column.Bowling CompanyPerformance ReportActualBudgetedVarianceVariance Type (F or U or N)Units producedFUNDirect materials$$$FUNDirect laborFUNVariable overheadFUNFixed overhead:Materials handlingFUNDepreciationFUNTotal$$$FUNFeedbacknoneÃ—Select Panels for Tile ViewThe tile view can hold up to three panels at once. Choose which panels you want to see. One or more positions have the same panel selected. Check your selections and try again.Not loadedDon’t worry, all of your changes will be saved. CancelOKFeedbackLoading itemThere was an error loading this item. If this continues to occur, please contact Technical Support.Check My Work
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