Wade Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $7. direct labor $13, and overhead $18. Monthly budgeted fixed manufacturing overhead costs are $8,000 for depreciation and $3,800 for supervision In the current month. Wade actually produced 6,500 units and incurred the following costs: direct materials $38.850, direct labor $76,440, variable overhead $116,640, depreciation $8.000, and supervision $4,000, 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.) SWIFTY Company Static Budget Report Differer Favorat Unfavor Neither Fay nor Unfavc Budget Actual 1 Production in units Direct Materials $ $ $ Differer Favorat Unfavor Neither Fay nor Unfavc Budget Actual Production in units Direct Materials $ $ $ Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ Unfavorable Favorable Neither Favorable nor Unfavorable $ Were costs controlled? Save for Later Yes No Attempts: 0 of 1 used Submit