The cost accountant for Cassava Inn's Co. prepared the following monthly performance report relating to the Production Department. Budgeted Production (40,000 Units) Actual Production (38,000 Units) Direct materials used. Direct labor Variable manufacturing overhead. Fixed manufacturing overhead $800,000 320,000 140,000 240,000 $684,000 380,000 142,500 220,000 a I Compute the amounts that should be included for each of the following in a flexible budget prepared based on actual production? Direct materials: $ b Direct labor: $ Direct variable manufacturing overhead $ d. Fixed manufacturing overhead: $ C. II Refer to the above data. Assume that a revised performance report is prepared for the 38,000-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). a b Direct materials variance from flexible budget: $ Direct labor variance from flexible budget: $ Direct variable manufacturing overhead variance from flexible budget: $ Fixed Manufacturing overhead variance from flexible budget: $ c. b