Oriole Company expects to produce 6,900 units of product IOA during the current year, Budgeted...
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Accounting
Oriole Company expects to produce 6,900 units of product IOA during the current year, Budgeted variable manufacturing costs per unit are direct materials $7, direct labour $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $7,700 for depreciation and $3,500 for supervision. In the current month, Oriole produced 7,400 units and incurred the following costs: direct materials $48,783, direct labour $91,000, variable overhead $145,314, depreclation $7,700, and supervision $3,710. Prepare a static budget report. (List varioble costs before fixed costs)
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