View Policies Show Attempt History Current Attempt in Progress Indigo Company uses budgets in controlling costs. The August 2017 budget report for the company's Assembling Department is as follows. NDIGO COMPANY Budget Report Assembling Department For the Month Ended August 31, 2017 Difference Favorable Manufacturing Costs Budget Actual Unfavorable Variable costs Direct materials $50,840 $49,840 $1,000 Favorable Direct labor 55,800 $2,500 3,300 Favorable Indirect materials 27.280 27,480 200 Unfavorable Indirect labor 18,600 18,180 420 Favorable Utilities 18,600 18,460 140 Favorable Maintenance 9,920 10,220 300 Unfavorable Total variable 181,040 176,680 4,360 Favorable Fixed costs Rent 11,700 11,700 -0- Supervision 18,60 18,600 -0- Depreciation 7,700 7,700 -0- Total fixed 38,000 38,000 -0- Total costs $219,040 $214,680 $4.360 Favorable The monthly budget amounts in the report were based on an expected production of 62,000 units per month or 744,000 units per year. The Assembling Department manager is pleased with the report and expects a raise, or at least praise for a job well done. The company president, however, is unhappy with the results for August because only 60,000 units were produced. (a) Your answer is correct. State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, e.g. 1.25.) The formula is $ 0 + variable costs of $ 2.92 eTextbook and Media BUS317 Topic 07 Assignment - Ch 13-14 Question 4 of 4 5/ 15 Prepare a budget report for August using flexible budget data. (List variable costs before fixed costs.) INDIGO COMPANY ssembling Department Flexible Budget Report Neit Budget Actual Costs eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (C) The parts of this question must be completed in order. This part will be available when you complete the part above