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 Isiflorence Manufacturing Cat Budu Actual Unfavorable Variable costs Direct materials $50,020 548,920 $1,100 Favorable Direct labor 59,780 56,480 3,300 Favorable Indirect materials 24,400 24,700 300 Unfavorable Indirect labor 20,740 20,340 400 Favorable Utilities 15,250 15,130 120 Favorable Maintenance 7,320 7,610 290 Unfavorable Total variable 177,510 173,180 4,330 Favorable Fixed costs Rent 12,900 12,900 Supervision 17,500 Depreciation 7,500 7,500 -0- Total foxed 37,900 37,900 Total costs $215,410 $211,090 $ $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 17,500 Your answer is correct. State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is 7900 - variable costs of 2.91 per unit, Attempts: 1 of 10 used * Question 4 Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.) GROUPER COMPANY Assembling Department Flexible Bot Report DIRIGE Favorable Unfurable Neither Favorable mer Unfavorable Budget Actual Cuts Attempts: 0 of 10 used