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Pronghorn Company estimates that it will produce 6,000 units of product IOA during the current...

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Accounting

Pronghorn Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $8, direct labor $13, and overhead $19. Monthly budgeted fixed manufacturing overhead costs are $7,700 for depreciation and $3,600 for supervision.
In the current month, Pronghorn actually produced 6,500 units and incurred the following costs: direct materials $44,784, direct labor $76,700, variable overhead $122,550, depreciation $7,700, and supervision $3,852.
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.)
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