Depreciation Total Show Me How Print Item 37,000 $498,000 The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: May June Amount Spent $470,000 Units Produced 112,000 July 448,000 427,000 102,000 92,000 The Machining Department supervisor has been very pleased with this performance because actual expenditures for May-July have been significantly less than the monthly static budget of 498,000. the plant manager believes that the budget should not remain fixed for every month but should "flex" or adjust to the volume of work that is produced in the Machining Department. Additional budge information for the Machining Department is as follows: Wages per hour $18.00 Utility cost per direct labor hour $0.90 Direct labor hours per unit 0.20 Planned monthly unit production 122,000 a. Prepare a flexible budget for the actual units produced for May, June, and July in the Machining Department. Assume depreciation is a fixed cost. If required, use per unit amounts carried out to two decimal places. Hagerstown Company Machining Department Budget For the Three Months Ending July 31 Units of production Total Supporting calculations: May 112,000 June July 102,000 92,000 $ $