In Culver Company, direct labor is $20 per hour. The company expects to operate at...
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Accounting
In Culver Company, direct labor is $20 per hour. The company expects to operate at 11,600 direct labor hours each month. In January 2022, direct labor totaling $238,960 is incurred in working 12,064 hours.
(a)
Prepare a static budget report.
CULVER COMPANY Static Direct Labor Budget Report choose the accounting period For the Month Ended January 31, 2022For the Year Ended January 31, 2022January 31, 2022
Product Line
Budget
Actual
Difference
Direct Labor
$enter a dollar amount
$enter a dollar amount
$enter the difference
select an option FavorableNeither Favorable nor UnfavorableUnfavorable
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(b)
Prepare a flexible budget report.
CULVER COMPANYFlexible Direct Labor Budget Report choose the accounting period For the Month Ended January 31, 2022For the Year Ended January 31, 2022January 31, 2022
Product Line
Budget
Actual
Difference
Direct Labor
$enter a dollar amount
$enter a dollar amount
$enter the difference
select an option UnfavorableNeither Favorable nor UnfavorableFavorable
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