A company manufactures and sells wine racks out of Mississauga, Ontario. They have provided the actual and static budget information for the month of July below: July July Actual Result Static Budget 2,848 4,250 Wine rack unit sales Per unit metrics Selling price Direct materials $144.00 $121.50 $28.00 $26.50 Direct labour $30.00 $27.00 Variable manufacturing overhead $6.50 $7.00 Variable selling and administrative costs $4.50 $5.50 Fixed costs per period Fixed manufacturing overhead $30,494 $35,500 Fixed selling and administrative costs $24,983 $22,300