Packaging solutions corporation manufactures and sells a

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Reference no: EM13572678

Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month:

	Cost Formulas
Direct labor	$13.80q
Indirect labor	$7,800 + $1.60q
Utilities	$8,300 + $0.70q
Supplies	$900 + $0.30q
Equipment depreciation	$21,600 + $2.00q
Factory rent	$7,000
Property taxes	$1,220
Factory administration	$11,700 + $1.90q

The actual costs incurred in March in the Production Department are listed below:

	Actual Cost Incurred in March
Direct labor	$132,730
Indirect labor	$19,660
Utilities	$16,070
Supplies	$5,100
Equipment depreciation	$40,200
Factory rent	$7,500
Property taxes	$1,220
Factory administration	$19,270

Reference no: EM13572678

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