Wade 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 $5, direct labor $12, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $7,800 for depreciation and $4,500 for supervision. In the current month, Wade actually produced 7,500 units and incurred the following costs: direct materials $31,990, direct labor $82,900, variable overhead $127,449, depreciation $7,800, and supervision $4,770. 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.