Vaughn Company estimates that it will produce 7,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $ 5, direct labor $ 12, and overhead $ 17. Monthly budgeted fixed manufacturing overhead costs are $ 7,800 for depreciation and $ 4,500 for supervision.

In the current month, Vaughn actually produced 7,500 units and incurred the following costs: direct materials $ 31,990, direct labor $82,900, variable overhead $ 127,449, depreciation $ 7,800, and supervision $ 4,770.

Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.)

-/1 Virrerence Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual . + 4 $ $ $ . F : 3 . $