Question 17 Gundy Company expects to produce 1,268,400 units of Product XX in 2020. Monthly production is expected to range from 85,000 to 117,000 units. Budgeted variable manufacturing costs per unit are: direct materials , direct labor $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $3. In March 2020, the company incurs the following costs in producing 101,000 units: direct materials $527,000, direct labor $700,000, and variable overhead $918,000. Actual fixed costs were equa to budgeted fixed costs. Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Were costs controlled