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Question: Expected manufacturing costs for Imperial Data Devices are as follows:

Variable Costs
Fixed Costs per Month
Direct material
$8.00/unit
Supervisory salaries
$17,000
Direct labor
3.20/unit
Factory depreciation
10,500
Variable overhead
2.70/unit
Other factory costs
3,800

During the period, Imperial produced 12,960 units and incurred the following costs:

Variable Costs
Fixed Costs per Month
Direct material
$100,100
Supervisory salaries
$16,690
Direct labor
46,272
Factory depreciation
9,060
Variable overhead
34,692
Other factory costs
4,140

Prepare a performance report for Imperial Data Devices. (List variable costs before fixed costs. Enter unfavorable variances using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Flexible Budget

Actual

Difference

(Variable costs/Fixed costs/Total variable costs/Total fixed costs/Supervisory salaries/Total overhead/Number of units/Direct material/Direct labor/Variable overhead/Depreciation/Other fixed costs)




(Variable costs/Supervisory salaries/Total overhead/Total variable costs/Number of units/Direct material/Total fixed costs/Direct labor/Variable overhead/Fixed costs/Depreciation/Other fixed costs)





(Total overhead/Variable overhead/Total fixed costs/Variable costs/Depreciation/Other fixed costs/Number of units/Total variable costs/Direct material/Direct labor/Fixed costs/Supervisory salaries)

 $


$


$


(Total fixed costs/Total variable costs/Total overhead/Depreciation/Variable costs/Other fixed costs/Fixed costs/Number of units/Supervisory salaries/Direct material/Variable overhead/Direct labor)




(Direct labor/Other fixed costs/Direct material/Variable overhead/Total fixed costs/Total overhead/Total variable costs/Depreciation/Number of units/Fixed costs/Variable costs/Supervisory salaries)




(Direct labor/Variable overhead/Total variable costs/Number of units/Direct material/Fixed costs/Supervisory salaries/Depreciation/Other fixed costs/Total fixed costs/Variable costs/Total overhead)




(Depreciation/Supervisory salaries/Other fixed costs/Total fixed costs/Variable overhead/Direct labor/Number of units/Total overhead/Total variable costs/Variable costs/Direct material/Fixed costs)





(Total fixed costs/Variable costs/Variable overhead/Other fixed costs/Direct material/Total overhead/Direct labor/Number of units/Total variable costs/Fixed costs/Supervisory salaries/Depreciation)




(Total overhead/Variable overhead/Total fixed costs/Direct material/Supervisory salaries/Fixed costs/Depreciation/Direct labor/Other fixed costs/Total variable costs/Number of units/Variable costs)




(Variable overhead/Total variable costs/Total fixed costs/Direct labor/Other fixed costs/Supervisory salaries/Total overhead/Variable costs/Direct material/Number of units/Fixed costs/Depreciation)




(Fixed costs/Other fixed costs/Depreciation/Total overhead/Number of unitsT/otal variable costs/Variable costs/Supervisory salaries/Direct laborT/otal fixed costs/Direct material/Variable overhead)




(Variable overhead/Variable costs/Total variable costs/Supervisory salaries/Fixed costs/Total overhead/Depreciation/Total fixed costs/Other fixed costs/Number of units/Direct material/Direct labor)

 $
$
$

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92589754

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