The production supervisor of the Machining Department for Niland Company agreed to the following monthly static budget for the upcoming year: Niland Company Machining Department Monthly Production Budget Wages Utilities Depreciation $598,000 30,000 50,000 $678,000 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 Februany March $639,000 614,000 580,000 61,000 56,000 50,000 The Machning Department supervisor has been very pleased with this performance because actual expenditures for January-March have been significantly less than the monthly static budget of 678,000. However, the plant manager believes that the budget should not remain fixed for every month but should "flex" or adjust to the volume of 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 67,000 $18 $0.9 0.5 a. Prepare a flexible budget for the actual units produced for January, February, and March in the Machining Department. Assume depreciation is a fixed cost. If required, use per unit amounts carried out to two decimal places Niland Company Machining Department Budget For the Three Months Ending March 31 anuary February March 61,000 56,000 50,000 Units of production Wages Utilities Total Supporting calculations: Units of production Hours per unit Total hours of production Wages per hour 61,000 56,000 50,000 Total wages Total hours of production Utility costs per hour Total utilities