Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and overhead costs for March 2017.

Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and overhead costs for March 2017, WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March 2017 Budgeted production in units Budgeted costs 117,500 Indirect materials Indirect labor Utilities Maintenance Salaries Depreciation Property taxes Insurance Janitorial $5,875 14,100 11,750 8,225 42,000 16,800 3,000 1,200 1,500 $104,450 Total budgeted costs WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March 2017 Production in units Costs 118,500 Indirect materials Indirect labor Utilities Maintenance Salaries Depreciation Property taxes Insurance Janitorial $5,910 14,195 11,880 8,275 42,000 16,800 3,000 1,200 1,500 $104,760 Total costs Waterways produced 118,500 units in March rather than the budgeted number of units