Belmont Company uses a standard cost system for manufacturing its single product, called Zoom. Company assigns factory overhead cost using predetermined overhead rates based on machine hours. The following data are available for current year: Standards per unit of product for planned production of 33,000 units: Budgeted machine hours Raw materials Direct labor Variable overhead Fixed overhead Budgeted fixed overhead - 66,000 hours 4.40 pounds at $10.20 per pound 1.4 hours at $13.50 per hour Actual results for the current year: - 2 MH at S5.40 per machine hour 2 MH at $6.00 per machine hour $396,000 Purchased 32,800 Units Purchased 150,000 pounds of raw materials at $10.50 per pound Used 137,760 pounds of raw materials for production of 32,800 units Used 42,640 hours of direct labor for $579,904 Used 65,600 hours of machine for production Actual variable overhead cost was $360,800 Actual fixed overhead cost was $385,000 Compute flexible budget direct labor amount Compute variable overhead amount in flexible budget Compute variable overhead amount in static budget