In Ivanhoe Company, direct labour is $18 per hour. The company expects to operate at 11,000 direct labour hours each month. In January 2022, the company incurs direct labour totalling $201,300 in working 11,400 hours.

Prepare a static budget report. IVANHOE COMPANY Static Direct Labour Budget Report For the Month Ended January 31, 2022 Difference Favourable Unfavourable Neither Favourable nor Unfavou Product Line Budget Actual Direct Labour $ 198000 $ 201300 $ -3300 Unfavourable Prepare a flexible budget report. IVANHOE COMPANY Flexible Direct Labour Budget Report Difference Favourable Unfavourable Neither Favourable nor Unfavou Product Line Budget Actual Direct Labour $ $ $ Difference Favourable Unfavourable Neither Favourable nor Unfavourable