Budget Performance Report Salisbury Bottle Company manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter bottles are as follows: Standard Cost per 100 Two-Liter Bottles $1.20 6.50 1.80 Cost Category Direct labor Direct materials Factory overhead Total $9.50 At the beginning of March, Salisbury's management planned to produce 500,000 bottles. The actual number of bottles produced for March was 525,000 bottles. costs for March of the current year were as follows: Cost Category Direct labor Direct materials Factory overhead Actual Cost for the Month Ended March 31 $6,550 33,800 9,100 $49,450 Total a. Prepare the March manufacturing standard cost budget (direct labor, direct materials, and factory overhead) for Salisbury, assuming planned production. Salisbury Bottle Company Manufacturing Cost Budget For the Month Ended March 31 Standard Cost at Planned

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Budget Performance Report
Salisbury Bottle Company manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter bottles are as follows:
Standard Cost
per 100 Two-Liter
Bottles
$1.20
6.50
1.80
$9.50
Cost Category
Direct labor
Direct materials
Factory overhead
Total
At the beginning of March, Salisbury's management planned to produce 500,000 bottles. The actual number of bottles produced for March was 525,000 bottles. The
costs for March of the current year were as follows:
Cost Category
Direct labor
Direct materials
Factory overhead
Actual Cost for the
Month Ended March 31
$6,550
33,800
9,100
$49,450
Total
a. Prepare the March manufacturing standard cost budget (direct labor, direct materials, and factory overhead) for Salisbury, assuming planned production.
Salisbury Bottle Company
Manufacturing Cost Budget
For the Month Ended March 31
Standard Cost at Planned.
Volume (500,000 Bottles)
Transcribed Image Text:Budget Performance Report Salisbury Bottle Company manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter bottles are as follows: Standard Cost per 100 Two-Liter Bottles $1.20 6.50 1.80 $9.50 Cost Category Direct labor Direct materials Factory overhead Total At the beginning of March, Salisbury's management planned to produce 500,000 bottles. The actual number of bottles produced for March was 525,000 bottles. The costs for March of the current year were as follows: Cost Category Direct labor Direct materials Factory overhead Actual Cost for the Month Ended March 31 $6,550 33,800 9,100 $49,450 Total a. Prepare the March manufacturing standard cost budget (direct labor, direct materials, and factory overhead) for Salisbury, assuming planned production. Salisbury Bottle Company Manufacturing Cost Budget For the Month Ended March 31 Standard Cost at Planned. Volume (500,000 Bottles)
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