Wildhorse Company uses budgets in controlling costs. The August 2022 budget report for the companys Assembling Department is as follows.

Wildhorse Company Budget Report Assembling Department For the Month Ended August 31, 2022
			Difference
Manufacturing Costs	Budget	Actual	Favorable Unfavorable Neither Favorable nor Unfavorable
Variable costs
Direct materials	$55,900	$54,900	$1,000	Favorable
Direct labor	59,800	56,500	3,300	Favorable
Indirect materials	26,000	26,100	100	Unfavorable
Indirect labor	19,500	19,080	420	Favorable
Utilities	16,250	16,090	160	Favorable
Maintenance	9,100	9,200	100	Unfavorable
Total variable	186,550	181,870	4,680	Favorable
Fixed costs
Rent	11,200	11,200	0	Neither Favorable nor Unfavorable
Supervision	16,500	16,500	0	Neither Favorable nor Unfavorable
Depreciation	7,800	7,800	0	Neither Favorable nor Unfavorable
Total fixed	35,500	35,500	0	Neither Favorable nor Unfavorable
Total costs	$222,050	$217,370	$4,680	Favorable

The monthly budget amounts in the report were based on an expected production of 65,000 units per month or 780,000 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 63,000 units were produced.

Current Attempt in Progress Wildhorse Company uses budgets in controlling costs. The August 2022 budget report for the company's Assembling Department is as follows Wildhorse Company Budget Report Assembling Department For the Month Ended August 31, 2022 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Manufacturing Costs Budget Actual Variable costs $55.900 $54,900 $1,000 Favorable 59.800 56,500 3,300 Favorable Direct materials Direct labor Indirect materials Indirect labor Utilities 26,000 26,100 19.500 19,080 100 Unfavorable 420 Favorable 160 Favorable 100 Unfavorable 16,250 16,090 Maintenance 9.100 9,200 Total variable 186,550 181,870 4,680 Favorable Fixed costs Rent Supervision Depreciation Total fixed 11.200 11,200 Neither Favorable nor Unfavorable 16,500 16,500 Neither Favorable nor Unfavorable 7,800 7,800 -O- Neither Favorable nor Unfavorable 35,500 35,500 -O- Neither Favorable nor Unfavorable $222,050 $217,370 $4,680 Favorable Total costs The monthly budget amounts in the report were based on an expected production of 65,000 units per month or 780,000 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 63,000 units were produced. (a) & (b) (a) State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, eg, 1.25.) The formula is $ + variable costs of $ per unit WILDHORSE COMPANY Assembling Department Flexible Budget Report For the Month Ended August 31, 2022 U Neit Budget Actual Costs nor $ $ s Depreciation Direct Labor Direct Materials Fixed Costs Indirect Labor Indirect Materials Maintenance Rent Supervision Total Costs Total Fixed Costs Total Variable Costs Units Utilitles Variable Costs V S $ $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer WILDHORSE COMPANY Assembling Department Flexible Budget Report For the Month Ended August 31, 2022 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ > $ S > e Textbook and Media Save for Later Attempts: 0 of 5 used Submit