Budgeted hours is in 1st photo

SWIFTY COMPANY Budget Report For the Month Ended August 31, 2020 Favorable Unfavorable Neither Favorable Costs Budgot Actual Variable coss Direct materials $53,760 S52,760 s1,000 Favorable Direct labor Indirect materials25,00 25,700 100 Unfavorable Indirect labor Utilities Maintenance 61,440 58,340 3,100 Favorable 19,200 19,730 470 Favorabe 22,400 22,240 160 Favorable 7,630 7,940 260 Unfavorable Total varlable190,080185,710_4,370 Favorable Fixed cocts 10,500 10,500 -0- Nelther Favorable nor Unfavorable 16,100 16,100 -0 Neither Favorable nor Unfavorable 5,400 5,400-- Neither Favorable nor Unfavorable 32,000 22,000 -0-Neither Favorable nor Unfavorable Rent Tatal fixed Total costs 222,00 $217,710 $4.370 Favorable The morithly budget amounts in the report were based on an expected production of 64,000 units per mornth or 768,000 units per year. The Assembling Department manager is pleased with the report and expects a raise, or at least praise for a job well done (a) State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is +variable costs of $ per unit. (b) Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.) Assembling Department Flexible Budget Report For the Month Ended August 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs In Saptan ber, 68.000 units wara produced Prepa the budget raport sing flax le budget data assur ing i each variable cost as 10 higher than its act al costin August and 2 oed costs ware the sama in Sapta ber as in August. List variable costs before ixed costs. Flexible Budget Report For the Honth Ended September 30, 2020 Naither Favornble Budgut Actual Covla SWIFTY COMPANY Budget Report For the Month Ended August 31, 2020 Favorable Unfavorable Neither Favorable Costs Budgot Actual Variable coss Direct materials $53,760 S52,760 s1,000 Favorable Direct labor Indirect materials25,00 25,700 100 Unfavorable Indirect labor Utilities Maintenance 61,440 58,340 3,100 Favorable 19,200 19,730 470 Favorabe 22,400 22,240 160 Favorable 7,630 7,940 260 Unfavorable Total varlable190,080185,710_4,370 Favorable Fixed cocts 10,500 10,500 -0- Nelther Favorable nor Unfavorable 16,100 16,100 -0 Neither Favorable nor Unfavorable 5,400 5,400-- Neither Favorable nor Unfavorable 32,000 22,000 -0-Neither Favorable nor Unfavorable Rent Tatal fixed Total costs 222,00 $217,710 $4.370 Favorable The morithly budget amounts in the report were based on an expected production of 64,000 units per mornth or 768,000 units per year. The Assembling Department manager is pleased with the report and expects a raise, or at least praise for a job well done (a) State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is +variable costs of $ per unit. (b) Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.) Assembling Department Flexible Budget Report For the Month Ended August 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs In Saptan ber, 68.000 units wara produced Prepa the budget raport sing flax le budget data assur ing i each variable cost as 10 higher than its act al costin August and 2 oed costs ware the sama in Sapta ber as in August. List variable costs before ixed costs. Flexible Budget Report For the Honth Ended September 30, 2020 Naither Favornble Budgut Actual Covla