(Answered) The following overhead data are for a department of a large

Accounting

The following overhead data are for a department of a large company.

	Actual Costs Incurred	Static Budget
Activity level (in units)	800	750

Variable costs:
Indirect materials	$6,850	$6,600
Electricity	$1,312	$1,275
Fixed costs:
Administration	$3,570	$3,700
Rent	$3,320	$3,200

Required: Construct a flexible budget performance report that would be useful in assessing how well costs were controlled in this department.

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