* Question 4 Grouper Company uses budgets in controlling costs. The August 2017 budget report for the company's Assembling Department is as follows. GROUPER COMPANY Budget Report Assembling Department For the Month Ended August 31, 2017 Difference Favorable Unfavorable Budget Actual Manufacturing Costs Variable costs Direct materials Direct labor Indirect materials Indirect labor Utilities $50,020 59,780 24,400 20,740 15,250 7,320 177,510 $48,920 56,480 24,700 20,340 15,130 7,610 $1,100 Favorable 3,300 Favorable 300 Unfavorable 400 Favorable 120 Favorable 290 Unfavorable 4,330 Favorable Maintenance Total variable 173, 180 Fixed costs Rent Supervision Depreciation 12,900 17,500 7,500 37,900 12,900 17,500 7,500 -0- -0- -0- Total fixed -0- 37,900 $211,080 Total costs $215,410 $4,330 Favorable The monthly budget amounts in the report were based on an expected production of 61,000 units per month or 732,000 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 59,000 units were produced. * Question 4 State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is $ + variable costs of $ per unit