Kalina's Doll Company produces handmade dolls. The standard amount of time spent on each doll is 1.50 hours. The standard cost of labor is $7.73 per hour. The company planned to make 8,000 dolls during the year but actually used 12,500 hours of labor to make 9,200 dolls. The payroll amounted to $99,500 Required: a. Should labor variances be based on the planned volume of 8,000 dolls or the actual volume of 9.200 dolls? O The actual volume of 9,200 dolls O The planned volume of 8,000 dolls b. Prepare a table that shows the standard labor price, the actual labor price, the standard labor hours, and the actual labor hours. (Round "Standard price and Actual price" to 2 decimal places.) Labor Variance Information Table Standard labor price Actual price per hour Standard hours for flexible budget Actual hours used Amounts Hrs. Hrs