Hill Company uses budgets in controlling costs. The August 2014 budget report for the companyAc€?

Hill Company uses budgets in controlling costs. The August 2014
budget report for the companyAc€?cs Assembling Department is as
follows.

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 HILL COMPANY Budget Report Assembling Department For the Month Ended August 31, 2014 Difference Manufacturing Costs Budget Actual Favorable (F) Unfavorable (U) Neither Favorable nor Unfavorable (N) Variable costs Direct materials \$56,700 \$55,600 \$1,100 F Direct labor 58,590 55,220 3,370 F Indirect materials 26,460 26,740 280 U Indirect labor 24,570 24,080 490 F Utilities 17,010 16,820 190 F Maintenance 8,820 9,300 480 U Total variable 192,150 187,760 4,390 F Fixed costs Rent 11,190 11,190 Ac€?o0Ac€?o N Supervision 16,110 16,110 Ac€?o0Ac€?o N Depreciation 6,250 6,250 Ac€?o0Ac€?o N Total fixed 33,550 33,550 Ac€?o0Ac€?o N Total costs \$225,700 \$221,310 \$4,390 F

The monthly budget amounts in the report were based on an expected
production of 63,000 units per month or 756,000 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 61,000 units were produced.

State the total monthly budgeted cost formula.
(Round cost per unit to 2 decimal places, e.g.
1.25.)

 The formula = \$ + variable costs of \$ per unit.