In Crane Company, direct labour is $19 per hour. The company expects to operate at 10,000 direct labour hours each month. In January 2022, the company incurs direct labour totalling $195,300 in working 10,300 hours. Prepare a static budget report. Product Line Direct Labour $ Budget CRANE COMPANY Static Direct Labour Budget Report Actual $ Difference Favourable Unfavourable Neither Favourable nor Unfavc

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It…

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future…