Wade Company estimates that it will produce7,000units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8,200for depreciation and $4,300for supervision.

In the current month, Wade actually produced7,500units and incurred the following costs: direct materials $31,710, direct labor $75,800, variable overhead $127,568, depreciation $8,200, and supervision $4,558.

show me how to do a static budget report.