Problem 25-03A a, bi, c (Video) Sunland Company uses budgets in controlling costs. The August 2020 budget report for the company's Assembling Department is as follows. SUNLAND COMPANY Budget Report Assembling Department For the Month Ended August 31, 2020 Direct matberials 50,840 149,840 ,000 Favorable Direct laber Indirect maberials 27,280 27.480 200 Unfavorable 55,800 52,500 3,300 Favorable abor18,800 18,10 420 Favorable 10.220 00 Unfavarable i 76,680 4,360 Favorable Total vanable 18 L040 1,700 11,700 --Neither Favorable nor Unfavorable 18,600 18,600 -Neiher Favorable nor Ufavorable Neither Favorable "or Tatal fiwed Total costs$219040 $214,680 54.360aorable 38.00038000Nelther Favorable nor 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 (a) State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formmla i (b) Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.) SUNLAND COMPANY Assembling Department Flexible Budget Report For the Month Ended August 31, 2020 In September, 66,000 units were produced. Prepare the budget report using flexible budget data, assuming (1) each variable cost was 10% higher than its actual cost in August, and (2) fixed costs were the same in September as in August. (List variable costs before fixed costs.) SUNLAND COMPANY Assembling Department Flexible Budget Report For the Month Ended September 30, 2020 Faverable Neither Faverable Actual Casts Bodget