Verbatim Company’s budget for last year included $80,000 for variable costs. The total actual variable costs for the period were $72,000. Can we say that the plant manager has done a good job in...

Verbatim Company’s budget for last year included $80,000 for variable costs. The total actual variable costs for the period were $72,000. Can we say that the plant manager has done a good job in controlling these costs if actual production was 80 percent of budgeted production?