ranklin Publications established the following standard price and costs for a hardcover picture book that the company produces. ssume that Franklin actually produced and sold 36,000 books. The actual sales price and costs incurred follow: Required . \& b. Determine the flexible budget variances and also Indicate whether each variance is favorable (F) or unfavorable (U). (Seleci 'None" if there is no effect (i.e., zero variance).)