The cost accountant for Sherman's Co, prepared the following monthly performance report relating to the Production Department Direct materials used Direct labor Variable manufacturing overhead Fored manufacturing overhead Budgeted Actual Production Production 110,000 units) (11.000 units 240.000 260.000 100.000 101,000 60.000 65.000 160.000 154,000 A. Refer to the above data. Compute the artiounts that should be included for each of the following in a flexibie budget prepared at an 11,000-unit level of production: points Direct materials: AED 3 points) Director: AED point Fixed manufacturing overhead: AED B. Refer to the above data. Assume that a revised performance report is prepared for the 11,000-unit level of production using a flexible budget approach Compute the cost variances for each of the following Indicate whether each variance is favorable 1) or unfavorable (UX d. 1 point Direct materiais variance from flexible budget AED e point Direct labor variance from flexible budget: AED 1. (1 point) Tocal manufacturing overhead variance from flexible budget: AED