In Pharoah Company, direct labour is $25 per hour. The company expects to operate at 11,000 direct labour hours each month. In January 2022, the company incurs direct labour totalling $278,500 in working 11,200 hours. (21) Prepare a static budget report. PHAROAH COMPANY Static Direct Labour Budget Report For the Year Ended January 31, 2022 January 31, 2022 Difference For the Month Ended January 31, 2022 Favourable Unfavourable Actual Neither Favourable nor Unfav Product Line Budget Direct Labour $ $