Static Budget versus Flexible Budget The production supervisor of the Machining Department for Niland Company a greed to the ollowing sme aly tatic budget for the upcoming years Niland Company Machining Department Monthly Production Budget Wages $324,000 19,000 32,000 $375,000 Utilities Total The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows Amount Spent Units Produced January$354,000 February337,000 March 99,000 90,000 81,000 321,000 The Machining Department supervisor has been very pleased with this performance because actual expenditures for January-March have been signifcantly less than the monthly static budget of 375,000 However, the plant manager bele es that the budget should not remain nxed for every month but should "ee or out to the solo e e work that is produced in the Machining Department. Additional budget information for the Machining Department is as follows: Wages per hour Utility cost per direct labor hour Direct labor hours per unit Planned monthly unit production $15 0.9 0.2 108,000 . Prepare a flexible budget for the actual units produced for January, February, and Marchin the Machining Department. Assume depreciation is a fixed cost. use per unit amounts carried out to two decimal places