Sheffield Company expects to produce 1,320,000 units of Product XX in 2022. Monthly production is expected to range from 88,000 to 132,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2022, the company incurs the following costs in producing 110,000 units: direct materials $572,000, direct labor $655,600, and variable overhead $885,500. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.) > $ SHEFFIELD COMPANY Manufacturing Flexible Budget Report Budget Actual S A Differenc Favorabl Unfavorab Neither Favo nor Unfavor > A +A. $