Cullumber Company uses budgets in controlling costs. The August 2022 budget report for the companys Assembling Department is as follows.

Cullumber Company Budget Report Assembling Department For the Month Ended August 31, 2022
			Difference
Manufacturing Costs	Budget	Actual	Favorable Unfavorable Neither Favorable nor Unfavorable
Variable costs
Direct materials	$49,600	$48,500	$1,100	Favorable
Direct labor	57,040	54,040	3,000	Favorable
Indirect materials	27,280	27,580	300	Unfavorable
Indirect labor	22,320	21,910	410	Favorable
Utilities	15,500	15,390	110	Favorable
Maintenance	7,440	7,630	190	Unfavorable
Total variable	179,180	175,050	4,130	Favorable
Fixed costs
Rent	11,500	11,500	0	Neither Favorable nor Unfavorable
Supervision	17,100	17,100	0	Neither Favorable nor Unfavorable
Depreciation	7,100	7,100	0	Neither Favorable nor Unfavorable
Total fixed	35,700	35,700	0	Neither Favorable nor Unfavorable
Total costs	$214,880	$210,750	$4,130	Favorable

The monthly budget amounts in the report were based on an expected production of 62,000 units per month or 744,000 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 60,000 units were produced.

(a) & (b)

(a) State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.)

The formula is

$enter a dollar amount + variable costs of $enter a dollar amount per unit.

(b) Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.)

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