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Coronado Company estimates that it will produce 7,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $13, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,600 for depreciation and $3,700 for supervision. In the current month, Coronado actually produced 7,500 units and incurred the following costs: direct materials $46,011, direct labor $89,900, variable overhad $127,568, depreciation $7,600, and supervision $3,996. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.)

Coronado Company estimates that it will produce 7,000 units of product 1OA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $13, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,600 for depreciation and $3,700 for supervision. In the current month, Coronado actually produced 7.500 units and incurred the following costs: direct materials $46,011, direct labor $89,900, variable overhind $127,568, depreciation $7,600, and supervision $3,996. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Neither Favo Budzet Actual nor Unfavol Neither Favorable Actual nor Unfavorable

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