Figure 11-1. Jason, Inc. produces leather purses Jason has developed a static budget for the first quarter, based on 20.000 direct labor hours. During the quarter, the actual activity was 22,000 direct labor hours Data for the first quarter are summarized as follows: Static budget actual costs (20.000 hours) (22.000 hours) Direct materials cost $ 80,000 $ $7,000 Direct labor cost 160,000 174,000 Building rental 48.000 50.000 Total $285.000 $311.000 Refer to Figure IL-1. What is the flexible budget amount for the first quarter? O a $312.000 ob Carnot be determined O c $288.000 O d. S311.000 8. S261.000