Wildhorse Company expects to produce 1,260,000 units of product XX in 2022. Monthly production is expected to range from 86,500 to 126,300 units. Budgeted variable manufacturing costs per unit are as follows: direct materials $4, direct labour $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision $1. In March 2022, the company incurs the following costs in producing 106,400 units: direct materials $452,600, direct labour $741,800, and variable overhead. Prepare a flexible budget report for March.

Wildhorse Company expects to produce 1,260,000 units of product XX in 2022 . Monthly production is expected to range from 86,500 to 126,300 units. Budgeted variable manufacturing costs per unit are as follows: direct materials $4, direct labour $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision $1. In March 2022, the company incurs the following costs in producing 106,400 units: direct materials $452,600, direct labour $741,800, and variable overhead $965,600. Actual fixed overhead equalled budgeted fixed overhead. Prepare a flexible budget report for March. (List variable costs before fixed costs.)