In Cheyenne Company, direct labor is $20 per hour. The company expects to operate at 8,800 direct labor hours each month. In January 2022, direct labor totaling $181,280 is incurred in working 9,152 hours. Prepare a static budget report. Product Line Direct Labor LA $ Budget 176000 +A CHEYENNE COMPANY Static Direct Labor Budget Report For the Month Ended January 31, 2022 Actual Difference 181280 $ -5280 i Unfavo Prepare a flexible budget report. Product Line Budget Direct Labor $ CHEYENNE COMPANY Flexible Direct Labor Budget Report +A $ Actual $ Difference