Flounder Company estimates that it will produce 5,400 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $7,200 for depreciation and $3,420 for supervision. In the current month, Flounder actually produced 5,900 units and incurred the following costs: direct materials $34,965, direct labor $68,792, variable overhead $104,972, depreciation $7,200, and supervision $3,600. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.)

Flounder Company estimates that it will produce 5,400 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7, direct labor $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $7.200 for depreciation and $3.420 for supervision. In the current month, Flounder actually produced 5,900 units and incurred the following costs: direct materials $34,965, direct labor $68,792, variable overhead $104,972, depreciation $7,200, and supervision $3,600. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Flounder Company Static Budget Report Differe Favor: Unfavo Neither Fa nor Unfai Budget Actual