Wade Company estimates that it will produce 6,400 units of product OA during the current month, Budgeted variable manufacturing costs per unit are direct materials 56, direct labor $11, and overhead $19. Monthly budgeted fixed manufacturing overhead costs are $7.900 for depreciation and $4,400 for supervision In the current month, Wade actually produced 6,900 units and incurred the following costs: direct materials $35,400, direct labor $69,100. variable overhead $130,200, depreciation $7,900, and supervision 4.620. Prepare a static budget report. Mint: The Budget column is based on estimated production while the actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Wade Company Static Budget Report 3 Difference Favorable Unfavorable Neither favorabile nor Unfavorable Budget Actual its Drodze . 5400 6900 500 Favorable 400 35400 3000 birea Labor 70400 69100 1300 Weygandt, Managerial Accounting, 7e CALCULATOR STANG Budget Actual Uldvordure Neither Favorable nor Unfavorable Units Produced 6400 6900 500 Favorable Direct Materials 38400 35400 3000 Favorable Direct Labor 70400 69100 1300 Favorable X Overhead 121600 130200 8600 X Favorable Fixed Costs Depreciation 7900 7900 Neither Favorable nor Unfavorable Supervision 4400 4620 220 Unfavorable 249100 254120 5020 Favorable M Total Cost 242700 247220 4520 Favorable a i Do It! Review 10-2 in Pargo Company's flexible budget graph, the fixed cost line and the total budgeted cost line intersect the vertical axis at $94,000, The total budgeted cost line is $381,500 at an activity level of 57,500 direct labor hours. Compute total budgeted costs at 68,200 direct labor hours. Total budgeted costs