Pankhurst PLC make and sell a single product. Annual sales in units for 2022 are expected to be 210,000, and standard cost and selling price per unit is: Selling price Variable costs: 49 30 Materials Labour Overheads 8 8 2 Annual fixed overheads for 2022 are budgeted at: Manufacturing: 528,000 Non-manufacturing 336,000 Actual production and sales for the month of January was 16,000 units. The actual revenue and expenditure for the month of January 2022 was as follows: Sales revenue Expenditure: 502,000 Materials 118,500 Labour 125,500 Variable overhead 32,400 40,000 Fixed overheads: Manufacturing Non-manufacturing 35,000 Pankhurst PLC divides the annual budget by 12 in order to produce monthly control reports. Required: a) Prepare the monthly control report showing original budget, flexed budget and variances