Milan Stary madactures but alues of famous storical figures. All states the samese Cach unit requires the same amount of rescurces. The following information is from the state budget for 2017: Cick the loon to view the late budget det Standard quantities and prices and standard unit costs flow for direct direct manufacturing labor the cow the data Read the rules Results 3,700 Variance Budget 5700 Ouputi Revenues $4,445,000 4210000 Direct materials Direct manufacturing labor Food costs 5 T83,000 590.400 1200.000 1500000 Data Table 6,300 units Expected production and sales Expected selling price per unit Total fixed costs $ 740 $ 1,500,000 Print Done More Help Mock Dre Data Table psts follo Standard Quantity Standard Price Standard Unit Cost Direct materials 17 pounds $8 per pound $136 Direct manufacturing labor 3.0 hours $35 per hour $105 During 2017, actual number of units produced and sold was 5,700, at an average selling price of $780. Actual cost of direct materials used was $783,000, based on 72,500 pounds purchased at $10.80 per pound. Direct manufacturing labor-hours actually used were 18,000, at the rate of $32.80 per hour. As a result, actual direct manufacturing labof costs were $590,400. Actual fixed costs were $1,230,000. There were no beginning or ending inventories. Print Done elon rayon UUTUU TU Requirement 1. Calculate the sales-volume variance and flexible-budget variance for opera Begin with the actual results, then complete the flexible budget columns and the static budge the variance is zero, do not select a label.) Actual Flexible-Budget Flexible Results Variance Budget 5700 5,700 0 Output units Revenues $ 4,446,000 4218000 Direct materials Direct manufacturing labor 783,000 590,400 1,230,000 Fixed costs 1500000 Total costs $ 2,603,400 Operating income $ 1,842,600