Construct a flexible budget performance report

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Reference no: EM132456591

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


Actual Costs Incurred

Static Budget

Activity level (in units)

360

340




Variable costs:



Indirect materials

$4,182

$4,148

Electricity

$2,536

$2,414

Fixed costs:



Administration

$6,540

$6,500

Rent

$6,310

$6,400

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

Reference no: EM132456591

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