The production supervisor of the Painting Department for Whitley Company agreed to the following monthly static budget for the upcoming year. WHITLEY COMPANY Painting Department Monthly Production Budget Wages 5720,000 Us 46,000 Depreciation 16,250 Total 5782,250 The actual amount spent and the actual units produced in the test the months in the Painting Department were as follows: Amount Sprut Units P4 5600,000 37,500 February 402.500 678.000 712.500 March 45.000 The Painting Department supervisor luas been very pleased with this performation, ce actual expenditures have beetless than the monthly budget. However, the plantmager berres that the budent alsmuld set remain fived for every moniti but should thes* et atjust to the volume of wote tuat la produced in the Painting Department, Additional budget information for the Painting Department is as follows The Painting Department supervisor has been very pleased with this performance, since actual expenditures have been less than the monthly budget. However, the plant manager believes that the budget should not remain find for every mont but should "tex or adjust to the volume of work that is produced in the Painting Department. Additional budget information for the Painting Department is as follows: Wages per hour SI8.00 Utility cost per direct laborhout $115 Direct labor hours per un Planned unit production 50,000 units 2. Purpurea fleable budget for the actual units produced to Jay, February, and March in the Penting Department. Assume depreciation is a fund cout. Enter all amounts as partive numbers. WHITLEY COMPANY Painting Department For the Three Months Ending March 31 JY February Units of production 37,500 13.500 Was Made 45.000 T WHITLEY COMPANY Painting Department For the Three Months Ending March 31 January February March Units of production 37,500 42,500 45,000 Wages Utilities Depreciation Total b. Compare the flexible budget with the actual expenditures for the first three months January February March Actual cost Total flexible budget What does this comparison suggest? Has the Painting Department performed beter un originally thought? Is the department spending more than expected