The following budgeted and actual volume and cost data are for July of this year Budget 20,000 Actual 18,000 Volume Budgeted manufacturing costs: Variable costs per unit: Direct materials Direct labor Overhead Total fixed overhead costs Actual manufacturing costs: Direct materials Direct labor Variable overhead Fixed overhead $17.00 7.00 2.00 $220,000 $310,000 135,000 36,000 210,000 a. Prepare a static budget analysis of production costs for July of this year. b. Prepare a flexible budget analysis of production costs for July of this year