Complete the following table. [15 marks]

PQR Company uses flexible budgeting. The company estimates its production cost based on 25,000 units. At the end of the year, the company produced 27,000 units with the following costs listed in the table. Management has asked you to produce a report based on actual units produced and to state clearly if there are variances and types.

Description	Per unit cost	25,000	Flexed	Actual	Difference/Variance
Direct Material	1.00	25,000		26,900
Direct labour	1.25	31,250		34,500
Direct expense	0.70	17,500		17,500
Total Variable Cost		73,750		78,900
Fixed Cost		42,000		38,750
Total Cost		115,750		117,650