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Prepare a performance report using a budget based on

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Reference no: EM13585123

Master Budget   Actual Data
Budgeted production: 4,000            Actual production:   4,100 units
Materials:
2 leather strips         @ $6.00          Materials cost:        $48,700
Labor:
0.5 hr.                      @ $18.00         Labor cost: $35,800
Required:
1. Prepare a performance report using a budget based on expected production.
2. Conceptual Connection: Comment on the limitations of this report.

Reference no: EM13585123

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