Kirkuk Manufacturing Company prepares its budget for the month of May 2024, with the following data:

• Expected Sales Revenue: IQD 80,000,000
• Variable Costs: IQD 40,000,000
• Fixed Costs: IQD 20,000,000

At the end of May 2024, Kirkuk Manufacturing Company reviews its actual performance and finds the following results:

• Actual Sales Revenue: IQD 75,000,000
• Actual Variable Costs: IQD 35,000,000
• Actual Fixed Costs: IQD 18,000,000

Calculate the sales volume variance, sales price variance, and total flexible budget variance for Kirkuk Manufacturing Company. Interpret the variances to identify areas of concern and potential operational improvements.