CALCULATOR PENG Problem 16-3A a, bi, (Part Level Submission) (Video) Ratchet Company uses budgets in controlling costs. The August 2020 budget report for the company's Assembling Department is as follows. RATCHET COMPANY Budget Report Assembling Department For the Month Ended August 31, 2020 Difference Favorable Unfavorable Manufacturing Costs Budget Actual Neither favorable nor Unfavorable Direct materials Direct labor 1st materials Indirector Us Han Torrible ed costs Rent $54,600 53.00 51.100 Tavorable 63,700 60,600 3,100 Favorable 31,200 31,400 200 Unbie 19.500 19,1000 Favor 19,500 19,370 130 Favor 7,800 010 210 Unte 1963 191.000 4.320 urte Depreciation Tom 10.900 10.500 17.500 17.100 7,000 7.000 35.00 15.700 120.000 223,00 4.320 The buget out the root were based on an expected products of 65,000 per month or 780.000 per year. These Department manager is pleased with the and spects are creat price for a lone. The company resident, however, unhappy with the results for August because only 6.000 units were produced (a) the cost common compte 2 decimal places 1.25.) MacBook Pro 40 20 30 $ 2 3 5 6 7 8 9 ) 0 E R T U - o P 1 S D F G H J : L C V B > Z M V - t * and command option Help System Announcements 5 (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.) RATCHET COMPANY Assembling Department Flexible Budget Report For the Month Ended August 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable tudy Budget Actual Costs gee ST 31 :9 DO 2 $ 4 3 ) 0 > 5 6 & 7 8 9 13 W E R T Y U 0 S D F G H J L