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Problem

Patrick Company manufactures a single product. The original budget for April was based on expected production of 12,000 units; actual production for April was 10,600 units. The original budget and actual costs for the manufacturing department are shown below:


Original Budget

Actual Costs

Direct Materials

$96,000

$90,500

Direct Labor

50,400

48,400

Variable Overhead

42,000

38,700

Fixed Overhead

84,000

82,000

Total

$272,400

$259,600

Prepare an appropriate performance report for the manufacturing department.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92793936

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