Bridgeport Company expects to produce 1,032,000 units of Product XX in 2022. Monthly production is expected...

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Bridgeport Company expects to produce 1,032,000 units of Product XX in 2022. Monthly production is expected to range from 68,800 to 103,200 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2022, the company incurs the following costs in producing 86,000 units: direct materials $447,200, direct labor $512,560, and variable overhead $692,300. Actual fixed costs were equal to budgeted fixed costs. Bridgeport Company expects to produce 1,032,000 units of Product XX in 2022. Monthly production is expected to range from 68,800 to 103,200 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2022, the company incurs the following costs in producing 86,000 units: direct materials $447,200, direct labor $512,560, and variable overhead $692,300. Actual fixed costs were equal to budgeted fixed costs.