Gundy Company expects to produce 1,304,400 units of Product XX in 2017. Monthly production is expected to range from 86,500 to 126,300 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $1.

In March 2017, the company incurs the following costs in producing 106,400 units: direct materials $452,600, direct labor $741,800, and variable overhead $965,600. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March.