Requlred Informetlon (The following Informeron appl/es to the guest,'ons d,'sflayed be/ow.j Phoenlx Menagement helps rental property owners find renters end charges the owners one-half of the first month's rent for thls servlce For August 2022, Phoenlx expects to find renters for 100 apartments WIT on average first month's rent of $700 Budgeted cost date per tenant eppllcallon for 2022 follow: Professlonal labor: 1 5 hours $2000 per hour credit checks. SSO.OO Phoenlx expects other costs, Includlng the lase payment for the Oulldlng, secretarlal help, end utllltles, to be $3,000 per montm On average, Phoenlx Is successful In placlng one tenant for every three appllcants_ Actual rental appllcallons In August 2022 were 270. Phoenlx pold $9,500 for 400 hours of professlonol labor. Credlt checks went up to S55 per appllcetlon_ Other costs In August 2022 (leese, secretarlal help, end utllltles) were S3.600 The average first monthly rentals for August 2022 were S800 per apartment unlt for go unlts Requ Ired: 1. (a) What Ls the master budget varlence for August 2022? (O) What Ls the total flexlOle budget valence for lhe month? (c) Whet Is the sales volume valence for the month? 2 Determlne the professlonal labor rate and labor efficlency vorlances for August 2022 The v The totI budget Direct Direct