Coronado Company uses budgets in controlling costs. The August 2020 budget report for the company's Assembling Department is as follows. Manufacturing Costs Budget Actual Variable costs Direct materials Direct labor Indirect materials Indirect labor Utilities Maintenance CORONADO COMPANY Budget Report Assembling Department For the Month Ended August 31, 2020 Total variable $48,380 57,820 25,960 21,240 20,650 7,080 181,130 26,060 20,790 20,510 Difference $47,280 $1,100 Favorable 54,520 3,300 Favorable 7,190 Favorable Unfavorable Neither Favorable nor Unfavorable 100 Unfavorable 450 Favorable 140 Favorable 110 Unfavorable 176,350 4,780 Favorable

(a) Stat the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, eg, 1.25) The formula is perunit. (b) Prepare a budget report for August using flexible budget data. (List voriable costs before foued costs.) The monthly budget amounts in the report were based on an expected production of 59,000 units per month or 708,000 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. The company president, however, is unhappy with the results for August because only 57,000 units were produced. eTextbook and Media Save for cater Attempts: 0 of 3 used Submit Answer Coronado Company uses budgets in controlling costs. The August 2020 budget report for the company's Assembling Department is as follows. Coronado Company uses budgets in controlling costs. The August 2020 budget report for the company's Assembling Department is as follows