Problem 10-3A a, bi, c (Part Level Submission) (Video) Ratchet Company uses budgets in controlling costs. The August 2020 budget report for the company's Assembling Department is as follows. RATCHET COMPANY Budget Report Assembling Department For the Month Ended August 31, 2020 Difference Favorable Unfavorable Neither Favorable Manufacturing Costs Budget Actual nor Unfavorable Variable costs Direct materials $49,600 $48,500 $1,100 Favorable Direct labor 57,040 54,040 3,000 Favorable Indirect materials 27,280 27,580 300 Unfavorable Indirect labor 22,320 21,910 410 Favorable Utilities 15,500 15,390 110 Favorable Maintenance 7,440 7.630 190 Unfavorable Total variable 179 180 175.050 4,130 Favorable Fixed costs Rent 11,500 11,500 -O-Neither Favorable nor Unfavorable Supervision 17,100 17.100 -O-Neither Favorable nor Unfavorable Depreciation 7,100 7,100 -O-Neither Favorable nor Unfavorable Total fixed 35,700 35,700 -O-Neither Favorable nor Unfavorable Total costs $214,880 $210,750 $4,130 Favorable The monthly budget amounts in the report were based on an expected production of 62,000 units per month or 744,000 units per year. The Assembling Department manager is pleased with the report and expects a raise, or at least praise for a job well done. The company president, however, is unhappy with the results for August because only 60,000 units were produced CALCULATOR BACK NET PRINTER VERSION le) In September, 66.000 units were produced. Prepare the budget report using hexible budget deta, assuming (1) each variable cost was 10% higher than its actual cost in August, and (7) feed costs were the same in September as in August (List variable cose before fred costs) RATCHET COMPANY Assembling Department For the Month Ende September 30, 20 Difference Budget Actual Costs Unfavorabile Nather Favorable nor Unforte Click you would like to show Work for this questions