Ivanhoe Company expects to produce 1,200,000 units of product XX in 2022. Monthly production is expected to range from 72,200 to 110,400 units. Budgeted variable manufacturing costs per unit are as follows: direct materials $3, direct labour $6, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision $1. In March 2022, the company incurs the following costs in producing 91,300 units: direct materials $303,900, direct labour $541,800, and variable overhead $1,010,300. Actual fixed overhead equalled budgeted fixed overhead. Prepare a flexible budget report for March. (List variable costs before fixed costs.) IVANHOE COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2022 Differe Favour Unfavou Neither Fav Budget Actual nor Unfav Units Produced 91300 91300 Variable Costs Direct Materials $ 273900 $ 303900 30000 Direct Labour 547800 541800 5000 Overhead 1004300 1010300 6000 Total Variable Costs $ 1826000 1856000 $ 30000 Fixed Costs Depreciation Supervision Total Fixed Costs Total Costs $ $ $ Were costs controlled? No V