The production manager at a corporation was excited to see the actual results of production for November. For every component of the production budget, she had come in under costs and was expecting a bonus. The budget and actuals are: Budgeted units Production Planning Budget and Actuals For the Month Ended November Direct Labor ($10.00 a unit) Direct Material ($5.00 a unit) Manufacturing Overhead (Includes $10,000 of fixed) $1,200,000 $1,161,500 $ $ 600,000 $ 598,000 $ $ 370,000 $ 357,400 $ $2,170,000 $2,116,900 $ When the production manager talked to the controller about the bonus, she was surprised to find out that not only was she not receiving a bonus, but also she had gone over budgeted cost in every production category. The controller informed the production manager that the company used flexible budgeting. What was the Total Production Cost flexible budget for November that the controller was using? Planning Budget Actuals Variance 120,000 115,000 Total Production Cost 38,500 F 2,000 12,600 F 53,100 F