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My Petite Pony Company uses budgets to help control their costs. The March 2021 static budget report for the company's assembly department shows: table[[table[[My Petite

My Petite Pony Company uses budgets to help control their costs. The March 2021 static budget report for the company's assembly department shows: \table[[\table[[My Petite Pony],[Actual Versus Static Budget Variance Report],[Assembly Department],[For the Month Ended March 31, 2021]]],[,,,,,Variance],[,,,,,Favorable -F],[,,Actual,,Budget,Unfavorable -U],[Units produced,,55,000,,50,000,,(5,000),F],[Variable costs],[Direct materials,$,41,000,$,40,000,$,1,000,U],[Direct labor,,47,300,,45,000,,2,300,U],[Indirect materials,,15,200,,15,000,,200,U],[Indirect labor,,13,000,,12,500,,500,U],[Utilities,,17,600,,17,500,,100,U],[Total variable costs,,134,100,,130,000,,4,100,U],[Fixed costs],[Rent,,10,000,,10,000,,-,],[Supervision,,7,000,,7,000,,-,],[Depreciation,,4,000,,4,000,,-,],[Total fixed costs,,21,000,,21,000,,-,],[Total costs,$,155,100,$,151,000,$,4,100,U]] Required: Prepare an Actual vs. Flexible Budget Report for the company for March 2021

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