Ringwold, Inc Following Are the Actual Costs of Producing 35,000 Cards: 60

Essay

Ringwold, Inc., has done a cost analysis for its production of baseball cards. The following activities and cost drivers have been developed: $\begin{array}{ll}\text { Activity } & \text { Cost Formula } \\\text { Photography } & \$ 50+\$ 35 \text { per labor hour } \\\text { Printing } & \$ 25,000+\$ 0.01 \text { per machine hour } \\\text { Setups } & \$ 25 \text { per batch } \\\text { Purchasing } & \$ 25+\$ 25 \text { per purchase order }\end{array}$

Following are the actual costs of producing 35,000 cards: 60 labor hours; 500 machine hours; 5 batches; 30 purchase orders

$\begin{array}{lr}\text { Photography } & ? \\\text { Printing } & \$ 25,000 \\\text { Setups } & \$ \\\text { Purchasing } & \$ 70\end{array}$

$\text { The following variances were given in the activity performance report: }$

$\begin{array}{lr}\text { Photography } & \$ 10 \mathrm{~F} \\\text { Printing } & ? \\\text { Setups } & \$ 20 \mathrm{U} \\\text { Purchasing } & ?\end{array}$
Required:
Find the missing values. Prepare an activity-based performance report in good form.