The cost accountant for Bradley, Inc., prepared the following monthly performance report relating to the Finishing Department: (Total of 4 extra credit point value - 1/2 point for each correct answer). Budgeted Actual Production Production (7,000 units). (6,500 units). Direct materials used $140,000 $143,000 Direct labor $84,000 $79,625 Variable manufacturing $17,500 $18,900 overhead Fixed manufacturing overhead $42,000 $45,500 (a) Compute the amounts that should be included for each of the following in a flexible budget prepared for a 6,500-unit level of production: (1) Direct materials: $ (2) Direct labor: $ (3) Variable manufacturing overhead: $ (4) Fixed manufacturing overhead: $_ (b) Assume that a revised performance report is prepared for the 6,500-unit level of production using a flexible budget approach. Compute the cost variances for each of the following. Indicate whether each variance is favorable (F) or unfavorable (U): (1) Direct materials: $ (2) Direct labor: $ (3) Variable manufacturing overhead: $ (4) Fixed manufacturing overhead: $