(TCO C) The following overhead data are for a department of a large company.
|
Actual Costs Incurred |
Static Budget |
|
|
Activity level (in units) |
360 |
340 |
|
Variable costs: |
||
|
Indirect materials |
4,182 |
4,148 |
|
Electricity |
2,536 |
2,414 |
|
Fixed costs: |
||
|
Administration |
6,540 |
6,500 |
|
Rent |
6,310 |
6,400 |
Required:
Construct a flexible budget performance report that would be useful in assessing how well costs were controlled in this department.