Performance Report Based on Actual Production Ladan Suriman, controller for Healthy Pet Company, has...
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Accounting
Performance Report Based on Actual Production
Ladan Suriman, controller for Healthy Pet Company, has been instructed to develop a flexible budget for overhead costs. The company produces two types of dog food. BasicDiet is a standard mixture for healthy dogs. SpecialDiet is a reduced protein formulation for older dogs with health problems. The two dog foods use common raw materials in different proportions. The company expects to produce bags of each product during the coming year. BasicDiet requires direct labor hour per bag, and SpecialDiet requires direct labor hour per bag. Ladan has developed the following fixed and variable costs for each of the four overhead items:
Variable Rate per Direct
Assume that Healthy Pet actually produced bags of BasicDiet and bags of SpecialDiet. The actual overhead costs incurred were as follows:
tableMaintenance$
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