On July the accounting staff of Waterways BC factory was shocked to discover that their accounting system had been compromised by a brand new computer
virus called "badget". While their software supplier was able to provide a fin within hours of the discovery, they were unable to receover any of their budget data.
Now, the accountant was challenged to find a way to determine the budget amounts needed for the flexible budget report that was required for the performance reviews
the following week. She thought she would start by looking at what had beeb reported for the first quarter of the year. The report that printed out was as follows:
The accountant was able to collect a few other bits of information
she knew the first quarter report was developed using the factory's flexible budget for manufaturing costs for
the production supervisor advised her that units had been producing during the second quarter
the prodeution accountant provided her with the actual costs for the second quarter
Second Quarter
Actual
PART
Instructions
Using the information provided, prepare a flexible manufacturing budget report for the second quarter.
