This is literally all the information they give so i dont know what other information you need?

RATCHET COMPANY Budget Report Assembling Department For the Month Ended August 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Manufacturing Costs Budget Actual Variable costs Direct materials $49,600 $ 48,500 $1,100 Favorable Direct labor 57,040 54,040 3,000 Favorable Indirect materials 27,280 27,580 300 Unfavorable Indirect labor 22,320 21,910 410 Favorable Utilities 15,500 15,390 110 Favorable Maintenance 7,440 7,630 190 Unfavorable Total variable 179,180 175,050 4,130 Favorable Fixed costs Rent 11,500 11,500 -O- Neither Favorable nor Unfavorable Supervision 17,100 17,100 -O- Neither Favorable nor Unfavorable Depreciation 7,100 7,100 -O- Neither Favorable nor Unfavorable -O- Neither Favorable nor Unfavorable Total fixed 35,700 35,700 Total costs $ 214,880 $ 210,750 $4,130 Favorable The monthly budget amounts in the report were based on an expected production of 62,000 units per month or 744,000 units per year. The Assembling Department manager is pleased with the report and expects a raise, or at least praise for a job well done. The company president, however, is unhappy with the results for August because only 60,000 units were produced. (a) & (b) Your answer is partially correct. (a) State the total monthly budgeted cost formula. (Round cost per unit to 2 decimal places, eg. 1.25.) The formula is $ 35700 + variable costs of $ 2.89 per unit. RATCHET COMPANY Assembling Department Flexible Budget Report For the Month Ended August 31, 2020 1 Nei Budget Actual Costs na Units 60000 60000 Variable Costs Direct Materials $ 48000 i tA $ 46935 $ 1065 Direct Labor 55200 i 55200 52297 Indirect Materials 26400 i 26690 -290 Indirect Labor 21600 i 21203 397 Utilities 15000 i 14894 106 Maintenance 7200 i 7384 -184 Total Variable Costs 173400 i 176350 -2950 Fixed Costs Rent 11500 i 11500 i 0 Supervision 17100 i 17100 i 0 Depreciation 7100 i 7100 0 Total Fixed Costs 35700 i 35700 Total Costs GA $ 209100 i $ LA 205103 $ $ 3997