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Western Manufacturing produces a single product. The original budget for April was based on expected production of 20,000 units; actual production for April was 22,000 units. The original budget and actual costs incurred for the manufacturing department follow: Direct materials Direct labor Variable overhead Fixed overhead Total Item Required: Prepare an appropriate performance report for the manufacturing department. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct materials Direct labor Variab overhead Fixed overhead Total Original Budget $ 320,000 266,000 113,000 73,500 $ 772,500 Original Budget (20,000 units) $ $ 320,000 266,000 Actual Costs $ 350,000 286,500 115,600 80,000 $ 832,100 Flexed Budget (22,000 units) 73,500 772,500 $ Actual Cost $ 350,000 286,500 115,600 80,000 0$ 832,100 Variance

Western Manufacturing produces a single product. The original budget for April was based on expected production of 20,000 units; actual production for April was 22,000 units. The original budget and actual costs incurred for the manufacturing department follow: Direct materials Direct labor Variable overhead Fixed overhead Total Item Required: Prepare an appropriate performance report for the manufacturing department. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct materials Direct labor Variab overhead Fixed overhead Total Original Budget $ 320,000 266,000 113,000 73,500 $ 772,500 Original Budget (20,000 units) $ $ 320,000 266,000 Actual Costs $ 350,000 286,500 115,600 80,000 $ 832,100 Flexed Budget (22,000 units) 73,500 772,500 $ Actual Cost $ 350,000 286,500 115,600 80,000 0$ 832,100 Variance

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 14P: Fargo Co. manufactures products in batches of 100 units per batch. The company uses a standard cost...
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Western Manufacturing produces a single product. The original budget for April was based on expected production of 20,000 units; actual production for April was 22,000 units. The original budget and actual costs incurred for the manufacturing department follow: Direct materials Direct labor Variable overhead Fixed overhead Total Item Required: Prepare an appropriate performance report for the manufacturing department. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct materials Direct labor Variab overhead Fixed overhead Total Original Budget $ 320,000 266,000 113,000 73,500 $ 772,500 Original Budget (20,000 units) $ $ 320,000 266,000 Actual Costs $ 350,000 286,500 115,600 80,000 $ 832,100 Flexed Budget (22,000 units) 73,500 772,500 $ Actual Cost $ 350,000 286,500 115,600 80,000 0 $832,100 Variance
Transcribed Image Text:Western Manufacturing produces a single product. The original budget for April was based on expected production of 20,000 units; actual production for April was 22,000 units. The original budget and actual costs incurred for the manufacturing department follow: Direct materials Direct labor Variable overhead Fixed overhead Total Item Required: Prepare an appropriate performance report for the manufacturing department. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct materials Direct labor Variab overhead Fixed overhead Total Original Budget $ 320,000 266,000 113,000 73,500 $ 772,500 Original Budget (20,000 units) $ $ 320,000 266,000 Actual Costs $ 350,000 286,500 115,600 80,000 $ 832,100 Flexed Budget (22,000 units) 73,500 772,500 $ Actual Cost $ 350,000 286,500 115,600 80,000 0 $832,100 Variance
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