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Sheffield Company expects to produce 1,316,400 units of Product XX in 2020....

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Accounting

Sheffield Company expects to produce 1,316,400 units of Product XX in 2020. Monthly production is expected to range
from 75,000 to 123,000 units. Budgeted variable manufacturing costs per unit are: direct materials $5, direct labor $6, and overhead
$10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $2.In March 2020, the company incurs the following costs in producing 99,000 units: direct materials $515,000, direct labor $593,000,and variable overhead $996,000. Actual fixed costs were equal to budgeted fixed costs.
Prepare a flexible budget report for March. (List variable costs before fixed costs.)(list whether favorable or unfavorable)
Were costs controlled?
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