Midland Manufacturing Inc. has just completed its operations for August, which was a particularly busy month. They processed 24% more product than had been originally planned for the month. A report prepared by Management comparing actual costs to budgeted costs appears below. Matoika Marine Cost Control Report For the Month Ended August 31 Actual 900 Budget 600 Variance 300 F Units Produced Variable costs: Marine supplies Emission tests Other Variable Administrative supplies Total variable cost Fixed costs: Staff salaries Equipment depreciation Rent Utilities Total fixed cost Total cost $ 8,650 7,250 1,890 510 18,300 $ 5,400 7,200 1,200 270 14, 270 $3,250 U se u 690 U 240 u 4,230 U 850 U 10,500 3,900 1, ese 680 16,130 $34,430 10,500 3,050 1,25e 555 15,155 529,225 125 U 975 U $ 5,205 U Midland Manufacturing Inc. has just completed its operations for August, which was a particularly busy month. They processed 24% more product than had been originally planned for the month. A report prepared by Management comparing actual costs to budgeted costs appears below. Matoika Marine Cost Control Report For the Month Ended August 31 Actual 900 Budget 600 Variance 300 F Units Produced Variable costs: Marine supplies Emission tests Other Variable Administrative supplies Total variable cost Fixed costs: Staff salaries Equipment depreciation Rent Utilities Total fixed cost Total cost $ 8,650 7,250 1,890 510 18,300 $ 5,400 7,200 1,200 270 14, 270 $3,250 U se u 690 U 240 u 4,230 U 850 U 10,500 3,900 1, ese 680 16,130 $34,430 10,500 3,050 1,25e 555 15,155 529,225 125 U 975 U $ 5,205 U Administrative supplies Total variable cost Fixed costs Stalf salaries Equipment depreciation Rent Utilities Total fixed cost Total cost