Flexible budget, direct materials and direct manufacturing labor variances. Tuscany Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for 2004: Standard quantities, standard prices, and standard unit costs follow for direct materials and direct manufacturing labor. During 2004, actual number of units produced and sold was 6,000. Actual cost of direct materials used was $594,000, based on 54,000 pounds purchased at $11 per pound. Direct manufacturing labor-hours actually used were 25,000, at the rate of $38 per hour. This resulted in actual direct manufacturing labor cost of $950,000. Actual fixed costs were $1,005,000. There were no beginning or ending inventories. Required: 1. Calculate sales volume variance and flexible-budget variance. 2. Compute price and efficiency variances for direct materials and direct manufacturing labor