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Coronado Company expects to produce 1,242,000 units of Product xX in 2020. Monthly production is expected to range from 73,000 to 111,000 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $7, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $3. In March 2020, the company incurs the following costs in producing 92,000 units: direct materials $396,000, direct labor $640,000, and variable overhead $923,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.) CORONADO COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable Were costs controlled? Vaughn Company expects to produce 1,251,600 units of Product XX in 2020. Monthly production is expected to range from 79,000 to 117,000 units. Budgeted variable manufacturing costs per unit are direct materials $5 direct labor $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 19,000 unit increments. (List variable costs before fixed costs.) VAUGHN COMPANY Monthly Flexible Manufacturing Budget For the Year 2020 Activity Level Finished Units 79000 117000 Variable Costs $ Direct Materials 395000 585000 Direct Labor 553000 819000 Overhead 869000 1287000 $ Total Variable Costs 1817000 2691000 Fixed Costs Depreciation Supervision Total Fixed Costs $ Total Fixed Costs

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