Requirement 6. What is the total flexible budget variance for Eagle System's manufacturing costs? Show how the total flexible budget variance is divided into materials, labour, and overhead variances. (Enter the results as positive numbers. Label each variance as favourable (1 Total actual manufacturing costs Total flexible budget manufacturing costs Total flexible budget variance for manufacturing costs Direct material variances: Price Efficiency Total material variances Direct labour variances: Price Efficiency Total direct labour variances Overhead flexible budget variance Total flexible budget variance for manufacturing costs Static Budget Actual Results (23,500 PCs) (21,500 PCs) $ 9,030,000 Sales (21,500 PCs x $420) $ 10,340,000 2,214,500 2,282,600 (23,500 PCs x $440 ) Variable manufacturing expenses: Direct materials (215,000 parts x $10.30 ) (226,000 parts x $10.10 ) Direct labour (43,000 hrs. x $14.40 ) (45,500 hrs. x $15.00 ) Variable overhead (215,000 parts x $ 3.80 ) (226,000 parts x $ 3.90 ) Fixed manufacturing expenses: 619,200 682,500 817,000 881,400 Fixed overhead 989,000 1,019,000 Total cost of goods sold 4,639,700 4,865,500 $ Gross profit 4,390,300||$ 5,474,500