Sandhill Company expects to produce 1,243,200 units of Product XX in 2022. Monthly production is expected to range from 79,000 to 121,000 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $7, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3. In March 2022, the company incurs the following costs in producing 100,000 units: direct materials $425,000, direct labor $695,000, and variable overhead $1,005,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.)SANDHILL COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2022 Differe Favora Unfavor Neither Fa Budget Actual nor Unfav Variable Costs v $ $ $ $ $ $SANDHILL COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2022 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable $ $ S S $