Pricedox Corporation Plans to Manufacture 10,000 Units Over the Next

Pricedox Corporation plans to manufacture 10,000 units over the next month at the following costs: direct materials, $520,000; direct labour, $80,000; variable manufacturing overhead, $200,000; and fixed manufacturing overhead, $350,000. The last amount includes $24,000 of straight-line depreciation. This resulted in a total budget of $1,150,000. Shortly after the conclusion of the month, Pricedox reported the following costs: $\begin{array} { l r } \text { Direct materials used } & \$ 539,500 \\\text { Direct labour } & 89,600 \\\text { Variable manufacturing overhead } & 152,000 \\\text { Depreciation } & 24,000 \\\text { Other fixed manufacturing overhead } & \underline { 322,000 } \\\text { Total } &\underline { \$ 1,127,100 }\\\end{array}$ The Plant Manager and his crews turned out 9,200 units-a remarkable feat given that the company's manufacturing plant was closed for several days because of blizzards and impassable roads. The Plant Manager was especially pleased with the fact that total actual costs were less than budget. He was thus very surprised when Pricedox's General Manager expressed unhappiness about the plant's financial performance.
Required:
A. Prepare a performance report that fairly compares budgeted and actual costs for the period just ended-namely, the report that the General Manager likely used when assessing performance.
B. Should the Plant Manager be praised for "having met the budget" or is the General Manager's unhappiness justified?