Q.2) (27 points) The Chair Company produces chairs and has determined the following direct cost categories and budgeted amounts: Standard Inputs Standard Cost for 1 output per input Direct Materials 1.00 $7.50 Direct Labor 0.30 $9.00 Direct Marketing 0.50 $3.00 Actual performance for the company is shown below: 4,000 $30,225 3,900 $7.75 Actual output: (in units) Direct Materials: Materials costs Input purchased and used Actual price per input Direct Manufacturing Labor: Labor costs Labor-hours of input Actual price per hour Direct Marketing Labor: Labor costs Labor-hours of input Actual price per hour $11,470 1,240 $9.25 $5,880 2,100 $2.80 a. What is the flexible-budget variance of the direct materials? Is it F or U? b. What is the flexible-budget variance of the direct manufacturing labor? Is it F or U? c. What is the flexible-budget variance of the direct marketing labor? Is it F or U? d. What is the price variance of the direct materials? Is it F or U? e. What is the price variance of the direct manufacturing labor? Is it F or U? f. What is the price variance of the direct marketing labor? Is it F or U? g. What is the efficiency variance for the direct materials? Is it F or U? h. What is the efficiency variance for the direct manufacturing labor? Is it F or U? i. What is the efficiency variance for the direct marketing labor? Is it F or U