The following overhead data are for a department in a large company.
|
Actual Costs |
Static |
|
|
Incurred |
Budget |
|
|
Activity level (in units) |
400 |
380 |
|
Variable costs: |
||
|
Indirect materials |
$9,050 |
$8,132 |
|
Power |
$2,540 |
$2,394 |
|
Fixed costs: |
||
|
Administration |
$5,080 |
$5,100 |
|
Rent |
$8,590 |
$8,600 |
Required:
Prepare a report that would be useful in assessing how well costs were controlled in this department.