Multiple Product Performance Report help…..please see attached.

Multiple Product Performance Report help…..please see attached.

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multiple product performance report
Storage Products manufactures two models of DVD storage cases: regular and deluxe.
Presented
is standard cost information for each model.
Cost components
Regular
Deluxe
Direct materials lumber
2 board feet X $3= $6
3 board feet X $3= $9
Assembly kit
=2
=2
Direct labor
1 hour X $4= 4
1.25 hours X $4= 5
Variable overhead
1 labor hr X $2= 2
1.25 labor hrs X $2= 2.50
Total
$14
$18.50
Budgeted fixed manufacturing overhead is $15,000 per month.
During July, the company
produced 5,000 regular and 3,000 deluxe storage cases while incurring the following
manufacturing costs:
Direct materials…$80,000
Direct labor….$36,000
Variable overhead…$14,000
Fixed overhead…$17,500
Total……$147,500
Required:
Prepare a flexible budget performance report for the July manufacturing activities.

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