Current Attempt in Progress Bramble Company estimates that it will produce 7,000 units of...

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Accounting

Current Attempt in Progress
Bramble 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 $8, direct labor $13, and overhead $19. Month fy budgeted fixed manufacturing overhead costs are $7,900 for depreciation and $3,500 for supervision.
In the current month, Bramble actually produced 7,500 units and incurred the following costs: direct materials $52,472, direct labo $89,600, variable overhead $140,980, depreciation $7,900, and supervision $3,710.
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.)
BRAMBLE COMPANY
Static Budget Report
Budget
Actual
$
Favorable
Unfavorabl
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