Question 1 Your answer is partially correct. Try again. Wade Company estimates that it will produce 6,300 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $8, direct labor $12, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8,500 for depreciation and $3,600 for supervision In the current month, Wade actually produced 6,800 units and incurred the following costs: direct materials?47,500, direct labor $74,600, variable overhead $115,800, depreciation 8,500, and supervision S3,810. Prepare a 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.) Wade Company Static Budget Report Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Units Produced Direct Materials Direct Labor Variable Costs Total Variable Costs Fixed Costs Flxced Costs Total Variable Costs Total Fixed Costs