Problem 15-21 Determining and interpreting flexible budget variances LO 15-5 Narcisco Publications established the following standard price and costs for a hardcover picture book that the company produces. Standard price and variable costs 90.00 18.00 9.00 12.60 Labor cost Overhead cost es Manufacturing overhead Sell $270,000 108,000 Assume that Narcisco actually produced and sold 32.000 books. The actual sales price and costs incurred follow. $ 87.00 18.40 8.80 12.70 14.00 Sales price Labor cost Overhead cost Selling, .general, and admnistrative costs Actual fixed costs Manufacturing overhead sellinq, general, and administrative $250,000 116,000 K Prev 2 of 2