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.

$($a$)$ & $($b$)$

$($a$)$ State the total monthly budgeted cost equation. $($Round cost per unit to $2$ decimal places, e$.$g$.1\mathrm{.}25.)$

The equation is fixed costs

$

variable costs of $

per unit.

$($b$)$ Prepare a budget report for August using flexible budget data. $($List variable costs before fixed costs.$)$