Current Attempt in Progress

Concord Company expects to produce $1,304,400$ units of Product XX in $2020.$ Monthly production is expected to range from $86,000$ to $130,000$ units. Budgeted variable manufacturing costs per unit are: direct materials $$5,$ direct labor $$7,$ and overhead $$10.$ Budgeted fixed manufacturing costs per unit for depreciation are $$4$ and for supervision are $$3.$

In March $2020,$ the company incurs the following costs in producing $108,000$ units: direct materials $$565,000,$ direct labor $$748,000,$ and variable overhead $$1,083,000.$ Actual fixed costs were equal to budgeted fixed costs.

Prepare a flexible budget report for March. $($List variable costs before fixed costs.$)$

CONCORD COMPANY Manufacturing Flexible Budget Report For the Month Ended March $31,2020$

Difference

Favorable Unfavorabls

Budget

Actual Neither Favora nor Unfavoral