Crane Company expects to produce $55,000$ units of

product XLA during the current year. Budgeted

variable manufacturing costs per unit are direct

materials $$8,$ direct labour $$11,$ and overhead $$17.$

Annual budgeted fixed manufacturing overhead costs

are $$98,400$ for depreciation and $$49,500$ for

supervision.

In the current month, Crane produced $5,400$ units and

incurred the following costs: direct materials $$38,880,$

direct labour $$57,100,$ variable overhead $$99,603,$

depreciation $$8,200,$ and supervision $$4,422.$

Prepare a flexible budget report