Refer to Cold Cream Company. Assume the ccompany actually produced 240,000 L of Icy and 200,000 of Tasty. The actual overhead costs incurred were: $$\begin{array} { l l }
\text { Maintenance } & \$ 192,000 \
\text { Power } & 181,700 \
\text { Indirect labour } & 649,500 \
\text { Rent } & 54,000
\end{array}$$ Required:
A. Prepare a performance report for the period.
B. Based on the report, would you judge any of the variances to be significant? Discuss some possible reasons for the variances.

Question

Refer to Cold Cream Company. Assume the ccompany actually produced 240,000 L of Icy and 200,000 of Tasty. The actual overhead costs incurred were: $$\begin{array} { l l } 
\text { Maintenance } & \$ 192,000 \
\text { Power } & 181,700 \
\text { Indirect labour } & 649,500 \
\text { Rent } & 54,000
\end{array}$$ Required:
A. Prepare a performance report for the period.
B. Based on the report, would you judge any of the variances to be significant? Discuss some possible reasons for the variances.

Quizplus · Accepted Answer

The Answer of Refer to Cold Cream Company. Assume the ccompany actually produced 240,000 L of Icy and 200,000 of Tasty. The actual overhead costs incurred were: $$\begin{array} { l l } 
\text { Maintenance } & \$ 192,000 \
\text { Power } & 181,700 \
\text { Indirect labour } & 649,500 \
\text { Rent } & 54,000
\end{array}$$ Required:
A. Prepare a performance report for the period.
B. Based on the report, would you judge any of the variances to be significant? Discuss some possible reasons for the variances.

Refer to Cold Cream Company Required: A

Refer to Cold Cream Company Required:
A