he following budgeted and actual volume and cost data are for july of this year: budget actual volume 20,000 18,000 budgeted manufacturing costs: variable costs per unit: direct materials $17.00 direct labor 7.00 overhead 2.00 total fixed overhead costs $220,000 actual manufacturing costs: direct materials $310,000 direct labor 135,000 variable overhead 36,000 fixed overhead 210,000 prepare a flexible budget analysis of production costs for july of this year. indicate both the amount and direction (favorable versus unfavorable) of the spending variance (difference between the flexible budget amount and the actual amount).
