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Ranger Company produces men's shirts. The following budgeted and actual amounts are for 2010:

Cost Budget at 2,500 units Actual Amounts at 2,900 units
Direct materials $55,000 $65,500
Direct labor 70,000 81,000
Fixed overhead 35,000 34,500

Instructions:

Prepare a performance report for Ranger Company for the year.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9419034

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