review the report and identify which variances should be investigated furter and why?

2018 Actual 1,060,500 Sales COGS 2018 Budget 1,101,600 $ Tires 918 700 Material Labor Disposal Rent Utilities Supervision Depreciation Maintenance isks as is as an is in 475,250 224,680 35,000 42,000 22,000 50,000 50,000 12 000 910.930 149,570 511,020 233,325 35,190 42,000 24,000 50,000 50,000 7,000 952.535 149,065 BUDGET # of activities Sales Price Labor hours Labor cost per hour Material cost Disposal cost Oil 6,120 25 0.35 25 S 6 $ 2 S Brakes 1.530 200 2.00 25 $ 70 $ S 450 25 400 25 Total COGS Gross Profit $ $ $ ACTUAL Oil Brakes Tires of activities 7,000 1,400 Average Sales Price 24 210 74812 Average Material Cost 725 6 5 416.88 Average Labor Hours 0.3221154.3 Average Labor Cost per hr 26 26 Average Disposal Cost 25 0 2188 * Any rounding should be put in Tires SG&A Expenses Insurance Computer/Phone Office Supplies Advertising Total SG&A Expenses 12,000 3.250 2.800 10,000 3,000 3.000 5.000 21,000 6,000 24,050 Operating Income 125,520 128,065 Variable Expenses - Material, Labor and Disposal Fixed Expenses - Rent, Utilities, Supervision, Depreciation, Maintenance, Insurance, Computer/Phone, Office Supplies, Advertising Three Products - Oil Change, Brakes, Tires