Based on the flexible budget from Scenario 1, prepare a performance report if the company...

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Accounting

Based on the flexible budget from Scenario 1, prepare a performance report if the company has the following actual costs for 3,500 units this month:
Actual production was 3,500 units.
Actual direct materials were $60,000.
Actual direct labor costs were $69,500.
Actual variable overhead costs were $18,000.
Actual fixed overhead costs were $50,000.
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