Problem

Flexible budget and performance reporting In addition to the information for Acme Co...

Flexible budget and performance reporting In addition to the information for Acme Company in Mini-Exercise 15.1, actual unit component costs incurred during August include direct materials, $8.25; direct labor, $9.45; variable overhead, $6.82. Actual fixed overhead was $33,500.

Required:

Prepare a performance report, including each cost component, using the following headings:

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