Shalom Company has provided the following data concerning its costs: Fixed cost per month 22,300 5,000 1 Administrative expenses 2 Depreciation 3 Supplies 4 Rent 5 Utilities 6 Wages and salaries Supplies Utilities Depreciation Rent Administrative expenses Wages and salaries 1,700 4,690 5,000 15,000 4,700 24,100 The company planned to work for 300 hours in February for P350 per hour. However, it worked 360 hours during that month, an activity level within its relevant range. Amounts must be in whole numbers. Example: 88,000 or (88,000) Actual costs 15,000 21,300 39,400 Cost per hour 1.00 2.00 6.00 3.50 35.00 In your flexible budget performance report, identify the difference between budgeted and actual costs and indicate as favorable or unfavorable. Format should be: 8,000 F or 8,000 UF No need to indicate if the amount is positive or negative. supplies

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