Reference no: EM131098763

Nashler Company has the following budgeted variable costs per unit produced:

Direct Materials	$7.20
Direct Labor	1.54
Variable overhead:
Suplies	0.23
Maintenance	0.19
Power	0.18

Budgeted fixed overhead costs per month include supervision of $98,000, depreciation of $76,000, and other overhead of $245,000.
In March, Nashler Company produced 163,200 units and had the following actual costs:

Direct Materials	$1,170,000
Direct Labor	258,000
Suplies	38,100
Maintenance	30,960
Power	29,300
Supervision	99,450
Depervision	76,000
Other overhead	244,300

1. Prepare a performance report for Nashler Company comparing actual costs with the flexible budget for actual units produced. Type the letter "F" in the last column of the table to indicate a favorable variance. Type the letter "U" to indicate an unfavorable variance. If there is no variance, enter "0" for the amount and leave the last column blank.

Nashler Company Performance Report
	Actual Cost	Flexible Budget Cost	Variance and Type ("F" or "U")
Direct materials	$	$	$
Direct labor
Supplies
Maintenance
Power
Supervision
Depreciation
Other overhead