Consider the following data collected for Modern Homes, Inc.: (Click the icon to view the data table.) Requirement Compute the price, efficiency, and flexible-budget variances for direct materials and direct manufacturing labor. Data table Costs incurred: Actual inputs x actual prices Actual inputs x standard prices Standard inputs allowed for actual output x standard prices Direct Manufacturing Direct Materials Labor $ 198,000 $ 95,000 207,000 94,000 213,000 87,000 Print Done