The production supervisor of the Machining Department for Niland Company agreed to the following monthly static budget for the upcoming year: Static Budget versus Flexible Budget Niland Company Machining Department Monthly Production Budget Wages Utilities Depreciation $324,000 13,000 22,000 $359,000 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 February March $338,000 321,000 304,000 54,000 49,000 44,000 The Machining 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 359,000, 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: $22 $0.9 0.25 59,000 Wages per hour Utility cost per direct labor hour Direct labor hours per unit Planned monthly unit production 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