I need the answer for the last part, my answer is wrong

i Data Table Determine the formula and calculate the costs for the flexible budget. Budgeted input for actual output x Direct materials 5,200 Direct manufacturing labor 1,300 Budgeted price 5.7 = = = Flexible budget cost $ 29,640 $ 13,650 10.5 Now compute the price and efficiency variances for direct materials and direct manufacturing labor. Label each variance as favorable (F) or ur Direct materials Direct manufacturing Price variances 480U 192U Efficiency variances 2,280 3,570 Direct materials Direct manufacturing labor $ $ $ $ F F Now give a plausible explanation of why each variance occurred. Begin with the direct material variances. The materials price variance: There was an unexpected increase in materials price per square yard due to decreased competition. The materials efficiency variance: The production manager may have employed higher-skilled workers or the budgeted materials standards were set too strictly