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Pharoah Company expects to produce 6,400 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $7, direct

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Pharoah Company expects to produce 6,400 units of product IOA during the current year. Budgeted variable manufacturing costs per unit are direct materials $7, direct labour $12, and overhead $19. Monthly budgeted fixed manufacturing overhead costs are $8,100 for depreciation and $4,500 for supervision. In the current month, Pharoah produced 6,900 units and incurred the following costs: direct materials $45,024, direct labour $78,400, variable overhead $142,272, depreciation $8,100, and supervision $4,743. Prepare a static budget report. (List variable costs before fixed costs.)

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