Point Inc Produces Men's Shirts Instructions
Prepare a Performance Report for Point Inc

Point Inc. produces men's shirts. The following budgeted and actual amounts are for 2016: $\begin{array}{lrr}\text { Cost }& \text { Budget at 2,500 units }& \text {Actual Amounts at 2,800 units }\\\hline\text { Direct materials } & \$ 65,000 & \$ 75,000 \\\text { Direct labor } & 70,000 & 78,000 \\\text { Fixed overhead } & 35,000 & 34,500\end{array}$ Instructions
Prepare a performance report for Point Inc. for the year.