Business, 18.12.2019 04:31 rachelcondon8860

Chong corporation recently prepared a manufacturing cost budget for an output of 52,000 units, as follows: direct materials $ 104,000 direct labor 52,000 variable overhead 78,000 fixed overhead 104,000 actual units produced amounted to 62,000. actual costs incurred were: direct materials, $114,000; direct labor, $62,000; variable overhead, $104,000; and fixed overhead, $98,000. if chong evaluated performance by the use of a flexible budget, a performance report would reveal a total fixed variance of: (round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) rev; 05_11_2012

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