2. The Beal Manufacturing Company's costing system has two direct-cosl categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed ) is allocated to products on the basis of standard direct manufacturing labor-hours(DLH). At the beginning of 2009, Beal adopted the following standards for its manufacturing costs: We assume that Beal company's only costs are in the manufacturing function, and we assume that no inventories exist at either the beginning or the end in January 2009. The denominator level for total manufacturing overhead per month in 2009 is 40,000 direct manufacturing labor hours. Beal's flexible budget for January 2009 was based on this denominator level. The company's onerating budeet for Januarv 2009 included these data: Actual selling price per unit Required: for the month of January 2009 , compute the following variances, indicating whether each is favorable (F) or unfavorable (U) 1. Static budget variance, flexible budget variance and sales volume variance; 2. selling price variance 4.direct materials price variance and efficiency variance 5. Total manufacturing overhead spending variance. 6. Variable manufacturing overhead efficiency variance 7.Production volume variance for fixe