Do It! Review 23-01 Crane Company estimates that it will produce 7,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $6, direct labor $13, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,800 for depreciation and $3,700 for supervision. In the current month, Crane actually produced 7,500 units and incurred the following costs: direct materials $39,018, direct labor $90,000, variable overhead $126,973, depreciation $7,800, and supervision $3,959. Prepare static budget report. Hint: 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.) Crane Company Static Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Units Produced Variable Costs Direct Materials Direct Labor Fixed Costs Depreciation Supervision . Do It! Review 23-03 The Vaughn operates as a profit center. It reports the following for the year ending December 31, 2020. Budgeted Actual Sales $1,996,900 $1,840,900 Variable costs 809,700 746,100 Controllable fixed costs 550,100 550,100 Noncontrollable fixed costs 259,700 259,700 Prepare a responsibility report for the Vaughn at December 31, 2020. VAUGHN Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable $ $ $ >