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Construct a flexible budget performance report

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Reference no: EM131774049

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

 

 

Actual Costs Incurred

Static Budget

Activity level (in units)

500

450

 

 

 

Variable costs:

 

 

     Indirect materials

$5,950

$5,382

     Electricity

$1,112

$1,008

Fixed costs: 

 

 

     Administration

$2,770

$2,800

     Rent

$5,120

$5,100

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

Reference no: EM131774049

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