Brief Exercise 25-05 2 Your answer is partially correct. Try again. Concord Company expects to produce 1,263,600 units of Product XX in 2020. Monthly production is expected to range from 83,000 to 123,000 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $6, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $3. In March 2020, the company incurs the following costs in producing 103,000 units: direct materials $439,000, direct labor $615,000, and variable overhead $1,037,000. Actual fixed costs were equal to budgeted fixed costs Prepare a flexible budget report for March. (List variable costs before fixed costs.) CONCORD COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2020 Faverable Unfaverable Budget Actual Units Produced 10 103000 Variable Costs 439000 5054400 Direct Materials 615000 Direct Labor 618000 1030000 2194000 Total Variable Costs Fixed Costs Total Faxed Costs