Information for Abbott Health Company who makes vaccines. Budgeted Actual Average Selling Price Per Vial 8.30 $ 8.20 Total Direct Materials Cost Per Vial $ 3.60 $ 3.90 Direct Manufacturing Labor Cost Per Hour Average labor productivity rate (vials per hour) Sales commission cost per vial Fixed administrative and manufacturing overhead 15.00 $ 15.20 100.00 90.00 2$ 0.72 $ 0.70 $ 990,000 $ 1,100,000 Sales in Units $ 700,000 $ 630,000 Part 1: Develop a Flexible Budget Performance Report for Abbott Health Company Actual Flexible F/U Flexible Budget Sales F/U Static Budget Budget Volume Variance Variance Total Variable Costs Contribution Margin Net Operating Income Part 2: Calculate Total Static Budget Variance, Flexible Budget Variance, and Sales Volume Variance. Total Static Budget Variance Total Flexible Budget Variance Total Sales Volume Variamce Part 3: Calculate Direct Materials Price and Efficiency Variances Actual Costs Incurred Actual Input Qt X Budgeted Price Flexible Budget Direct Materials Price Variance Efficiency Variance Flexible Budget Variance Part 3: Calculate Direct Manufacturing Labor Price and Efficiency Variances Actual Costs Incurred Actual Input Qt X Budgeted Price Flexible Budget Direct Manufacturing Labor Price Variance Efficiency Variance Flexible Budget Variance