Gundy Company expects to produce 1,204,800 units of Product XX in 2020. Monthly production is expected to range from 89,000 to 133,000 units. Budgeted variable manufacturing costs per unit are: direct materials $3, direct labor $6, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $1. In March 2020, the company incurs the following costs in producing 111,000 units: direct materials $359,000, direct labor $660,000, and variable overhead $1,116,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.) Budget GUNDY COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2020 Actual Differenc Favorable Unfavorab Neither Favol nor Unfavor

Gundy Company expects to produce 1,204,800 units of Product XX in 2020. Monthly production is expected to range from 89,000 to 133,000 units. Budgeted variable manufacturing costs per unit are: direct materials $3, direct labor $6, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $1. In March 2020, the company incurs the following costs in producing 111,000 units: direct materials $359,000, direct labor $660,000. and variable overhead $1,116,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.) GUNDY COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2020 Budget Actual Differenc Favorable Unfavorab Neither Favo nor Unfavor