Concord was closing up shop for the season and for the fiscal year-end. as well. Managers had carefully evaluated the company's performance, comparing the actual results to budjet. They even dug a latle deeper into the flesible budget variances to determine the respective price and etheiency (or volume) variances. The following shows the framework used to determine these variances although youll notice that they neglected to label the differences. For each rescurce, calculate and label the differences between actual cost and the urinamed middle comparison point, as well as the differences between the unnamed middle comparison point and the flexble budget Be sure to specify the name, amount, and sign of these variances