Gundy Company expects to produce 1,273,200 units of Product XX in 2020. Monthly production is expected to range from 83,000 to 115,000 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $3. In March 2020, the company incurs the following costs in producing 99,000 units: direct materials $423,000, direct labor $683,000, and variable overhead $1,098,000. 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 Differ Favori Unfavo Neither Fa nor Unfa Budget Actual Units Produced 99000 99000 Variable Costs Direct Materials $ 396,000 $ 423,000 $ 27,000 i U Direct Labor > 693000 683000 10000 F Overhead 1,089,000 1,089,000 9000 U Total Variable Costs V $ 2,178,000 $ 2,204,000 $ 26,000 U Fixed Costs Supervision 636,000 636,000 0 N Depreciation 318,300 318,300 0 N Total Fixed Costs 954,900 954.900 0 N Total Costs $ 3,132,900 $ 3,158,900 $ 26,000 Ic U