Flint Company uses budgets in controlling costs. The August 2017 budget report for the company's

Assembling Department is as follows.

FLINT COMPANY

Budget Report

Assembling Department

For the Month Ended August 31, 2017

Difference

Manufacturing Costs Budget Actual

Favorable

Unfavorable

Variable costs

Direct materials $48,380 $47,280 $1,100 Favorable

Direct labor 57,820 54,520 3,300 Favorable

Indirect materials 25,960 26,060 100 Unfavorable

Indirect labor 21,240 20,790 450 Favorable

Utilities 20,650 20,510 140 Favorable

Maintenance 7,080 7,190 110 Unfavorable

Total variable 181,130 176,350 4,780 Favorable

Fixed costs

Rent 12,100 12,100 -0-

Supervision 19,000 19,000 -0-

Depreciation 7,300 7,300 -0-

Total fixed 38,400 38,400 -0-

Total costs $219,530 $214,750 $4,780 Favorable

The monthly budget amounts in the report were based on an expected production of 59,000 units per

month or 708,000 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 57,000 units were produced.

17--------------------------------------------------------------------------------- Flint Company uses budgets in controlling costs. The August 2017 budget report for the company's Assembling Department is as follows. FLINT COMPANY Budget Report Assembling Department For the Month Ended August 31, 2017 Difference Manufacturing Costs Variable costs Budge t Actual Direct materials $48,380 $47,280 Direct labor Indirect materials Indirect labor Utilities Maintenance Total variable Fixed costs Rent Supervision Depreciation Total fixed Total costs 57,820 25,960 21,240 20,650 7,080 181,130 54,520 26,060 20,790 20,510 7,190 176,350 Favorable Unfavorable $1,10 Favorable 0 3,300 Favorable 100 Unfavorable 450 Favorable 140 Favorable 110 Unfavorable 4,780 Favorable 12,100 12,100 -0- 19,000 19,000 -0- 7,300 7,300 -0- 38,400 38,400 -0- $219,530 $214,750 $4,780 Favorable The monthly budget amounts in the report were based on an expected production of 59,000 units per month or 708,000 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 57,000 units were produced. State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is $ + variable costs of $ per unit. Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.) In September, 63,000 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.)