Brief Exercise 25-05 Sheffield Company expects to produce 1,316,400 units of Product XX in 2020. Monthly production is expected to range from 75,000 to 123,000 units. Budgeted variable manufacturing costs per unit are: direct materials $5, direct labor $6, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $2. In March 2020, the company incurs the following costs in producing 99,000 units: direct materials $515,000, direct labor $593,000, and variable overhead $996,000. Actual fixed costs were equal to budgeted fixed costs Prepare a flexible budget report for March. (List variable costs before fixed costs.) For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Were costs controlled