Crane copany uses budgets in controlling costs. The august 2022 budget report for the company's assembling department is as follows Crane Company Budget Report Assembling Department For the month ended August 31, 2022 Difference Favorable unfavorable Neither Favorable Nor unfavorable Manufacturing Costs Budget Actual Variable Costs Direct Materials $53,760 $52,760 $1000 Favorable Direct Labor 61,440 58,340 3,100 Favorable Indirect Materials 25,600 25,700 100 Unfavorable Indirect Labor 19,200 18,730 470 favorable Utilities 22,400 22,240 160 favorable Maintenance 7,680 7,940 260 unfavorable Total Variable 190,080 185,710 4,370 favorable fixed Costs Rent 10,500 10,500 0 neither favorable nor unfavorable Supervision 16,100 16,100 0 neither favorable nor unfavorable Depreciation 5,400 5,400 0 neither favorable nor unfavorable Total fixed 32,000 32,000 0 neither favorable nor unfavorable Total costs 222,080 217,710 4,370 Favorable The monthly budget amounts in the report were based on an expected production of 64,000 units per month 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. The company president, however, is unhappy with the results for August because only 62,000 units were produced. a. State the total monthly budgeted cost formula. (round cost per unit to 2 decimal places e.g. 1.25.) The formula $ +Variable costs of $ per unit. b. prepare a budget report for August using flexible budget data. (list variable costs before fixed costs.) Crane Company, Assembling Department, Flexible Budget Report for the month ended August 31, 2022 Difference Budget Actual costs Favorable, Unfavorable, Neither favorable not unfavorable c. In September, 68,000 units were produced. prepare the budget report using flexible budget data, assuming (1) each variable cost was 10% higher than its actual cost in August, and (2) fixed costs were the same in september as in August (list variable costs before fixed costs) Crane Company Assembling Department Flexible Budget report for the month ended September 30, 2022 Difference Budget Actual costs Favorable, Unfavorable, Neither favorable nor unfavorable